The objective of this work is to determine the structural reliability of an existing jacket platform in Malaysia, by determining the system probability of failure and its corresponding reliability index. These two parameters are important indicators for assessing the integrity and reliability of the platform, and will point out whether the platform is suitable for continued operation. In this study, pushover analysis is used to determine possible failure paths of the structure, while First Order Reliability Method (FORM) and Simple Bound Formula are used to determine the failure probability and reliability index. Three failure paths of the platform are established. The reliability index of these paths is found with the highest Reliability Indexto be 18.82 from the 315-degree path, while the system reliability index is 9.23. This illustrates that the platform is robust and the chances of collapse is very small. © (2014) Trans Tech Publications, Switzerland.