Risk management for oil and gas

Our risk management assessments and studies help you to achieve safe operation with major hazard and risk control throughout design, construction, operation and decommissioning. We do this by identifying geological, safety and environmental conditions, evaluating possible accidental events and major risks, including their causes and consequences, and providing a basis for emergency preparedness and land use planning. We help you to develop optimum risk prevention and mitigation strategies and ensure optimum return from investments by combining assessments with cost-benefit analysis.

Our services include:

  • Hazard identification (HAZID) and hazard and operability study (HAZOP) studies
  • Failure modes and effects and criticality analysis (FMECA)
  • Dropped object risk assessment
  • Ship collision risk assessment
  • Emergency systems reliability and availability studies
  • Escape, evacuation and rescue analysis, – safety integrity level
  • Safety integrity level (SIL) assessment in accordance with requirements of IEC61508
  • Facility quantitative risk assessment (QRA)
  • Identification of risk reduction measures and cost-benefit
  • Analysis in support of ALARP (as low as reasonably practicable) demonstration
  • Environmental risk assessment, environmental hazard identification and environmental impact assessment
  • Best practicable environmental option (BPEO) and best available techniques (BAT)
  • Training and competency assurance
  • Management of change (design, operation and organisation)
  • Geohazard risk assessment for drilling and development sites

Benefits

  • Identify and evaluate possible accidental events
  • Identify and assesses major risks
  • ALARP risk reduction
  • Determine critical dimensioning accidental loads (DAL)
  • Develop optimum risk prevention and mitigation strategies
  • Basis for emergency preparedness
  • Basis for land use planning
  • Regulatory compliance