The reliability of a floating offshore platform against extreme offsets is
studied. Methods are illustrated to perform more refined analyses of extrem
e loads and load effects. These include the effect of nonlinear diffraction
under random wave excitation. They permit inclusion of randomness in signi
ficant wave height H-s, in peak spectral period, T-p given H-s, and also in
the extreme load effect given both H-s and T-p. Numerical effects are demo
nstrated by applying these methods to a specific floating structure: a deep
-draft spar buoy. Design of the spar has been considered in two deep-water
sites, one in the Gulf of Mexico and another in the Northern North Sea. App
ropriate joint contours of significant wave height and peak period are deve
loped, and these are used to develop load and resistance factors for each o
f the two sites.