Summary: What are the five principles of risk assessment and how it contributes to developing a robust risk management system? Here in this article, those fundamental principles are explained in detail on risk identification, risk analysis, risk evaluation, risk control and risk monitoring. Risk assessment in the oil and gas industry ensures the safety of...Continue Reading
Summary: This article focuses on providing comprehensive guidance on the risk assessment process in the oil and gas industry, including the identification and analysis of common risks and hazards. It also highlights best practices, regulatory compliance, and industry standards, and emerging technologies for effective risk assessment. Risk assessment is an integral part of the oil...Continue Reading
Summary: By following a structured approach and involving a multidisciplinary team, incident investigations can provide valuable insights into what went wrong and why, enabling organizations to take appropriate actions to prevent future incidents. This article on Incident Investigation helps to learn how to identify root causes, ensure workplace safety, and prevent future incidents. When an...Continue Reading
Summary: HAZID and HAZOP are both essential risk assessment methods that address different aspects of hazard identification and mitigation. This article on HAZID Vs HAZOP provides a good understanding of both methodologies and their use in different project phases. Table of Contents Toggle Introduction to HAZID and HAZOPHAZID Vs HAZOP: A Brief OverviewUnderstanding Hazard Identification...Continue Reading
Summary: Process safety metrics, essential for evaluating Process Safety Management (PSM) programs, encompassing leading and lagging indicators. Leading indicators like risk assessments, near-miss reports, and safety culture surveys proactively identify hazards. Lagging indicators such as incident rates, compliance with regulations, and corrective action completion rate analyze past incidents to improve future safety. Process safety metrics...Continue Reading
Summary: This article emphasizes the vital role of safety cases in the hazardous oil and gas industry. It defines safety cases as evidence-based documents crucial for risk identification and control. Hazard categories, real incidents, regulations, and benefits are succinctly covered, highlighting safety cases’ importance. Regulatory standards, benefits, and the role of safety cases in mitigating...Continue Reading