Risk has four elements:
The relationship between the first of the above three terms is shown in the following Equation.
This material in this ebook describes risk quantification. It shows how to estimate how often incidents may occur. Topics covered include risk ranking, fault tree and event tree analysis, Monte Carlo simulations, Markov models, safeguards and Layer of Protection Analysis (LOPA). Also discussed are the sources and management of failure rate data.
This ebook to do with risk management in the process and energy industries describes how a risk program in the process industries can be managed so as to maximize safety and efficiency while keeping costs under control. It describes how to determine the program's objectives, create the organization, develop metrics and a baseline and then implement the plan.
This ebook shows how the topics of Asset Integrity and Mechanical Integrity are an integral part of a process safety management (PSM) program. Topics discussed include the development and use of engineering standards, the principles of inherent safety and the different types of safety systems (active and passive) and RAGAGEP (recognized and generally accepted good engineering practice).
SEMS: In 2010, in response to the Deepwater Horizon disaster, safety and environmental program (SEMP) was made a legal requirement. The rule is known as the safety and environmental management system (SEMS). This chapter describes this new rule that applies to the Outer Continental Shelf (OCS) of the USA.
The development of safety systems is largely driven by lessons learned from incidents particularly catastrophic events. This ebook provides an overview of some of the incidents that led to the development of new offshore safety standards and techniques.
BSEE (the Bureau of Safety and Environmental Enforcement) does not provide detailed guidance as to how a SEMS program is to be implemented because the standard is fundamentally non-prescriptive. Each company and facility will need to develop a SEMS compliance plan that addresses their own needs and circumstances. Some thoughts as to how this can be done are presented in this ebook.
A safety case is a documented body of evidence that provides a demonstrable and valid argument that a system is adequately safe for a given application and environment over its lifetime.
Once the facility description is finalized and guidance for allowable risk is provided, a Formal Safety Assessment (FSA) can commence. (A Formal Safety Assessment is part of the development of a Safety Case.)
This ebook provides an overview of the offshore oil and gas industry. Covered are the types of operation, the history of safety in the industry and the organization of an offshore facility.
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