A Framework for Carrying Out Risk Assessment of Complex Process Plant. Dr. B. Kandola, Lloyd’s Register and Dr. Simon R. Shield, Shell Global Solutions, PO Box 1, Chester CH1 3SH England, telephone +44 (0) 151 373 5856, fax +44 (0) 151 373 5845, e-mail simon.r.shield@opc.shell.com
Oil and gas operations present a very complex problem to a risk manager. In such a complex environment, a structured approach to risk assessment is necessary in order to prioritise and rank potential improvements for more detailed analysis, and to make sure that all the risks are receiving the attention they deserve. We present an ordered framework that uses risk assessment at the right time, and in the right level of detail, to achieve a fit-to-purpose analysis.
The tricky relationship between risk-reducing factors and the level of residual risk which is carried by a site is discussed, and a Bayesian method for modelling reality is introduced. This approach is consistent with the latest European regulations for site licensing.
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