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You are here: Oil and Gas > Risk Analysis

Risk Analysis

Safetec has extensive experience in the planning, execution and implementation of quantitative risk analysis (QRA) techniques as a risk management tool. We have been responsible for the completion of a large number of QRAs ranging in size from small semi-quantitative studies of very specific activities to fully integrated QRAs of multi-platform offshore complexes.

We have undertaken QRAs for all stages of a project from concept selection through design, construction, operations, maintenance and modifications, todecommissioning and removal.

Hazard analysis and QRA are now well established methods for aiding engineering and management decision-making.

A full risk analysis involves the estimation of frequency and consequences (i.e. risk) for a range of potentially hazardous scenarios. The methods and tools Safetec emply to carry out QRA include:

  • Hazard identification (HAZID) and HAZOP
  • Frequency evaluations of all major events
  • Consequence evaluations
    • Fire, smoke and gas simulations utilizing the CFD tool CFX
    • Explosion simulations utilizing the CFD tool  FLACS
  • Impairment evaluations
  • Quantification of risk to personnel, environment and asset
  • ALARP evaluation

QRA does not necessarily have to be a complex exercise. In some cases a relatively simple QRA suffices. The ability to accurately predict to what level a QRA should be developed, at an early stage of a project, is key for the creation of a cost-effective and useful, decision-making tool during the life of the project.

We also support our customers with the following specialised services:

References

Contact: Bjørnar Monsø (+47 73 900 500)