API-579 / ASME FFS-1 2007 certainly covers bulges. I've performed FFS for several shell bulges over the years. Excerpts from part 8:
The procedures in this part can be used to assess weld misalignments and shell distortions in components made up of flat plates; cylindrical, conical, and spherical shells; and formed heads. The types of flaws referred to as weld misalignment and shell distortion in this part are defined in the following paragraphs.
Bulge – An outward deviation of a cross-section of a shell member from an ideal geometry that can be characterized by local radii and angular extent. The local bulge geometry may be either spherical or cylindrical. Flat spots (infinite radius of curvature) are not considered to be bulges; they are classified as general shell distortions. If the bulge occurs at a blister, the analysis procedures in Part 7 should be utilized for the assessment.
If you choose to take the FFS approach, be sure to deal with an engineer experienced with FFS evaluations - these can be quite different from new design. And as deanc pointed out, check with the jurisdiction and insurance folks. The interest/involvement of jurisdictions in FFS varies quite a bit. Depending on what jurisdiction a vessel is in some of my FFS work may be reviewed and accepted by the State PV folks or they may have no interest in it.
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