The analysis of the seismic risk of an offshore structure with a control device is presented. First, a probability density function was developed to represent seismic hazard, and seismic fragility under artificial earthquake conditions was determined. Fragility curves for an offshore structure with both passive and active control devices were determined. Displacement criteria were set to evaluate the performance of the structure. Based on numerical analysis, the seismic risk to the structure was considerably reduced when the structure had a seismic control device. The seismic risk to the actively controlled structure was decreased by 80% compared to the uncontrolled case. Reasonable performance evaluations of offshore structure with control devices can be conducted through risk analysis.