What is the 2026 methane regulation? As of February 2026, the EU has effectively banned routine venting and flaring for fossil fuel operations. Member states are required to implement “effective, proportionate, and dissuasive” penalties for emissions above set thresholds. The EPA has officially launched its third-party monitoring program under Subpart OOOOb. Read full article. In...Continue Reading
What is FMECA in Process Safety? Failure Mode, Effects, and Criticality Analysis (FMECA) is a quantitative risk assessment method used to identify potential equipment failures, analyze their consequences, and rank them based on criticality. Unlike standard FMEA, FMECA assigns a specific “Criticality Number” to each failure mode (Severity × Probability), allowing process safety engineers to...Continue Reading
Summary: This article explains how Quantitative Risk Assessment (QRA) serves different stakeholders—not just as a compliance tool, but as a practical decision engine. It shows how to tailor QRA outputs for executives, project teams, PSM and operations, regulators, insurers, emergency planners, investors, and communities using tools like IR contours, F-N curves, and more. Quantitative Risk...Continue Reading
Summary: This article breaks down how to make FPSOs safer by treating process, marine, and storage/offloading risks as one system. Starting from MAHs and bow-ties, we show how to set SCEs that cover cargo tanks and inerting, turret/moorings, risers, DP/drive-off, and shuttle-tanker SIMOPS. We outline practical MOC/SIMOPS controls, proof of barrier health via testing,...Continue Reading
Summary: Quantitative Risk Assessment (QRA) is a structured, data-driven method that estimates how often hazardous events could happen and how severe their consequences could be. By combining frequency analysis with consequence modeling, QRA quantifies individual and societal risk to guide ALARP decisions, safeguard design, emergency planning, and regulatory compliance. What Is QRA? If you’ve ever...Continue Reading
Summary: Some of the recent oil, gas, LNG, and chemical incidents highlight how weak hazard identification can escalate into major losses. Investigations reveal recurring gaps: underestimated process deviations, overlooked human–machine interactions, and poor recognition of cascading failures. Missed barriers—such as inadequate relief systems, flawed alarm management, and incomplete safeguards—left operations vulnerable. Root causes often trace...Continue Reading