Risk Management In The Oil And Gas Industry


Risk Management In The Oil And Gas Industry
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Risk Management


Risk Management
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Author : Terje Aven
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-04-26

Risk Management written by Terje Aven and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-04-26 with Technology & Engineering categories.


This book presents a risk management framework designed to achieve better decisions and more desirable outcomes. It presents an in-depth discussion of some fundamental principles of risk management related to the use of expected values, uncertainty handling, and risk acceptance criteria. Several examples from the offshore petroleum industry are included to illustrate the use of the framework, but it can also be applied in other areas.



Risk Management In The Oil And Gas Industry


Risk Management In The Oil And Gas Industry
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Author : Gerardo Portela Da Ponte Jr
language : en
Publisher: Gulf Professional Publishing
Release Date : 2021-06-09

Risk Management In The Oil And Gas Industry written by Gerardo Portela Da Ponte Jr and has been published by Gulf Professional Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-09 with Science categories.


Risk Management in the Oil and Gas Industry: Offshore and Onshore Concepts and Case Studies delivers the concepts, strategies and good practices of offshore and onshore safety engineering that are applicable to petroleum engineering and immediately surrounding industries. Guided by the strategic risk management line, this reference organizes steps in order of importance and priority that should be given to the themes in the practical exercise of risk management activities, from the conceptual and design phase to operational and crisis management situations. Each chapter is packed with practical case studies, lessons learned, exercises, and review questions. The reference also touches on the newest techniques, including liquefied natural gas (cryogenics) operations and computer simulations that contemplate the influence of human behavior. Critical for both the new and experienced engineer, this book gives the best didactic tool to perform operations safely and effectively. Helps readers by presenting practical case studies and exercises that are included in every chapter Presents an understanding on how to approach and apply best practices specific to the oil and gas industry, both offshore and onshore Provides the knowledge needed to gain new techniques in computer simulation and human factors to apply to various sectors of the industry, including subsea and refineries



Risk Management In The Oil And Gas Industry


Risk Management In The Oil And Gas Industry
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Author : Gerardo Portela Da Ponte Jr
language : en
Publisher: Elsevier
Release Date : 2021-06-14

Risk Management In The Oil And Gas Industry written by Gerardo Portela Da Ponte Jr and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-14 with Science categories.


Risk Management in the Oil and Gas Industry: Offshore and Onshore Concepts and Case Studies delivers the concepts, strategies and good practices of offshore and onshore safety engineering that are applicable to petroleum engineering and immediately surrounding industries. Guided by the strategic risk management line, this reference organizes steps in order of importance and priority that should be given to the themes in the practical exercise of risk management activities, from the conceptual and design phase to operational and crisis management situations. Each chapter is packed with practical case studies, lessons learned, exercises, and review questions. The reference also touches on the newest techniques, including liquefied natural gas (cryogenics) operations and computer simulations that contemplate the influence of human behavior. Critical for both the new and experienced engineer, this book gives the best didactic tool to perform operations safely and effectively. Helps readers by presenting practical case studies and exercises that are included in every chapter Presents an understanding on how to approach and apply best practices specific to the oil and gas industry, both offshore and onshore Provides the knowledge needed to gain new techniques in computer simulation and human factors to apply to various sectors of the industry, including subsea and refineries



Risk Analysis For Prevention Of Hazardous Situations In Petroleum And Natural Gas Engineering


Risk Analysis For Prevention Of Hazardous Situations In Petroleum And Natural Gas Engineering
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Author : Matanovic, Davorin
language : en
Publisher: IGI Global
Release Date : 2013-11-30

Risk Analysis For Prevention Of Hazardous Situations In Petroleum And Natural Gas Engineering written by Matanovic, Davorin and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-30 with Business & Economics categories.


The accelerated growth of the world population creates an increase of energy needs. This requires new paths for oil supply to its users, which can be potential hazardous sources for individuals and the environment. Risk Analysis for Prevention of Hazardous Situations in Petroleum and Natural Gas Engineering explains the potential hazards of petroleum engineering activities, emphasizing risk assessments in drilling, completion, and production, and the gathering, transportation, and storage of hydrocarbons. Designed to aid in decision-making processes for environmental protection, this book is a useful guide for engineers, technicians, and other professionals in the petroleum industry interested in risk analysis for preventing hazardous situations.



Political Risk In The International Oil And Gas Industry


Political Risk In The International Oil And Gas Industry
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Author : Howard L Lax
language : en
Publisher: Routledge
Release Date : 2019-07-11

Political Risk In The International Oil And Gas Industry written by Howard L Lax and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-11 with Political Science categories.


In this book, the author draws upon his training in political science and experience as an energy consultant at Atlantis, Inc. It explores the conflicting interests of host and firm, and discusses the way firms use political risk analyses leads us to the issue of managing political risk.



Project Management For The Oil And Gas Industry


Project Management For The Oil And Gas Industry
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Author : Adedeji B. Badiru
language : en
Publisher: CRC Press
Release Date : 2016-04-19

Project Management For The Oil And Gas Industry written by Adedeji B. Badiru and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-19 with Business & Economics categories.


Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project manag



Oil And Gas Processing Equipment


Oil And Gas Processing Equipment
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Author : G. Unnikrishnan
language : en
Publisher: CRC Press
Release Date : 2020-09-14

Oil And Gas Processing Equipment written by G. Unnikrishnan and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-14 with Technology & Engineering categories.


Oil and gas industries apply several techniques for assessing and mitigating the risks that are inherent in its operations. In this context, the application of Bayesian Networks (BNs) to risk assessment offers a different probabilistic version of causal reasoning. Introducing probabilistic nature of hazards, conditional probability and Bayesian thinking, it discusses how cause and effect of process hazards can be modelled using BNs and development of large BNs from basic building blocks. Focus is on development of BNs for typical equipment in industry including accident case studies and its usage along with other conventional risk assessment methods. Aimed at professionals in oil and gas industry, safety engineering, risk assessment, this book Brings together basics of Bayesian theory, Bayesian Networks and applications of the same to process safety hazards and risk assessment in the oil and gas industry Presents sequence of steps for setting up the model, populating the model with data and simulating the model for practical cases in a systematic manner Includes a comprehensive list on sources of failure data and tips on modelling and simulation of large and complex networks Presents modelling and simulation of loss of containment of actual equipment in oil and gas industry such as Separator, Storage tanks, Pipeline, Compressor and risk assessments Discusses case studies to demonstrate the practicability of use of Bayesian Network in routine risk assessments



Dynamic Risk Analysis In The Chemical And Petroleum Industry


Dynamic Risk Analysis In The Chemical And Petroleum Industry
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Author : Nicola Paltrinieri
language : en
Publisher: Butterworth-Heinemann
Release Date : 2016-08-06

Dynamic Risk Analysis In The Chemical And Petroleum Industry written by Nicola Paltrinieri and has been published by Butterworth-Heinemann this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-06 with Technology & Engineering categories.


Dynamic Risk Analysis in the Chemical and Petroleum Industry focuses on bridging the gap between research and industry by responding to the following questions: What are the most relevant developments of risk analysis? How can these studies help industry in the prevention of major accidents? Paltrinieri and Khan provide support for professionals who plan to improve risk analysis by introducing innovative techniques and exploiting the potential of data share and process technologies. This concrete reference within an ever-growing variety of innovations will be most helpful to process safety managers, HSE managers, safety engineers and safety engineering students. This book is divided into four parts. The Introduction provides an overview of the state-of-the-art risk analysis methods and the most up-to-date popular definitions of accident scenarios. The second section on Dynamic Risk Analysis shows the dynamic evolution of risk analysis and covers Hazard Identification, Frequency Analysis, Consequence Analysis and Establishing the Risk Picture. The third section on Interaction with Parallel Disciplines illustrates the interaction between risk analysis and other disciplines from parallel fields, such as the nuclear, the economic and the financial sectors. The final section on Dynamic Risk Management addresses risk management, which may dynamically learn from itself and improve in a spiral process leading to a resilient system. Helps dynamic analysis and management of risk in chemical and process industry Provides industry examples and techniques to assist you with risk- based decision making Addresses also the human, economic and reputational aspects composing the overall risk picture



Oil And Gas Technology And Humans


Oil And Gas Technology And Humans
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Author : Denis Besnard
language : en
Publisher: CRC Press
Release Date : 2018-08-22

Oil And Gas Technology And Humans written by Denis Besnard and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-22 with Technology & Engineering categories.


The oil and gas industry is going through a major technological shift. This is particularly true of the Norwegian continental shelf where new work processes are being implemented based on digital infrastructure and information technology. The term Integrated Operations (IO) has been applied to this set of new processes. It is defined by the Centre for Integrated Operations in the Petroleum Industry as 'work processes and technology to make smarter decisions and better execution, enabled by ubiquitous real time data, collaborative techniques and access to multiple expertise'. It's claimed that IO is efficient, optimises exploration, reduces costs and improves safety performance. However, the picture is not as clear-cut as it may appear. On the one hand, the new work processes do not prevent major accidents: IO-related factors have been identified in recent events such as the Deepwater Horizon catastrophe. On the other hand, IO technology provides improved decision-making support (such as access to real-time data and expertise), which can reduce human and material losses and damage to the environment. Given these very different properties, it's vital that the industry has a detailed understanding of the benefits and drawbacks of IO, which this book sets out to do from a multidisciplinary point of view. It analyses Integrated Operations from the angles of statistics, management science, human factors and resilience engineering. These varied disciplines provide a multifaceted understanding of IO that better informs risk assessment practices, as well as explaining new techniques and methods and provides state-of-the-art guidance to risk assessment practitioners working in the oil and gas industry.



Risk Governance Of Offshore Oil And Gas Operations


Risk Governance Of Offshore Oil And Gas Operations
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Author : Preben Hempel Lindøe
language : en
Publisher: Cambridge University Press
Release Date : 2014

Risk Governance Of Offshore Oil And Gas Operations written by Preben Hempel Lindøe and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.


This book evaluates and compares risk regulation and safety management for offshore oil and gas operations in the United States, United Kingdom, Norway, and Australia. It provides an interdisciplinary approach with legal, technological, and sociological perspectives on their efforts to assess and prevent major accidents and improve safety performance offshore. Presented in three parts, the volume begins with a review of the technical, legal, behavioral, and sociological factors involved in designing, implementing, and enforcing a regulatory regime for industrial safety. It then evaluates the four regulatory regimes that encompass the cultural, legal, and other contextual factors that influence their design and implementation, along with their reliance on industrial expertise and standards and the use of performance indicators. The final section presents an assessment of the resilience of the Norwegian regime and its capacity to keep pace with new technologies and emerging risks, respond to near miss incidents, encourage safety culture, incorporate vested rights of labor, and perform inspection and self-audit functions. This book is highly relevant for those in government, business, academia, and elsewhere in civil society who are involved in offshore safety issues, including regulatory authorities and industrial safety professionals.