According to international accounting and consulting agencies up to 70% of oil and gas projects implemented in the last decade, are characterized by the worst actual performance compared with the design. Problems with quality planning were the reasons for looking of new and creative solutions for oil and gas companies. One of these solutions, along with cost engineering, value of information analysis (VOI analysis) and integrity management was integrated assets modeling (IAM). This approach is one of the most popular in oil and gas industry. It’s should be noticed that Russian and foreign oil and gas companies successfully implement and develop methodologies and tools for integrated modeling. It is common to use in offshore and deep-water shelf, as well as for projects related to restrictions and limitations (production, surface facilities, economics, and licensing obligations).
The paper considers the experience of Zarubezhneft JSC in the integrated design of offshore oil projects. They consider an issue of quality of assets development planning. It was given a description of features of offshore development. Asset of Zarubezhneft JSC, located on the shelf of the Socialist Republic of Vietnam (hereinafter Vietnam) - a Joint Venture Vietsovpetro is described. Authors provided practical examples to illustrate integrated design concept of joint venture assets Vietsovpetro JV using in-house developed software. They provided conclusions and recommendations for further work.