In the dynamic oil and gas industry, there is increasing adoption of the bow tie analysis to comprehend and convey key risk control measures across various facilities. Be it an offshore oil and gas platform, a mine, or a manufacturing plant, the bow-tie method offers valuable insights into risk mitigation.
It is a powerful tool that employs visual representations to illustrate the intricate relationship between various elements of risk management:
Bow-tie diagrams represent the intricate relationship between potential threats, the preventive and control barriers in place, and the ultimate consequences associated with each Major Accident Hazard (MAH). These diagrams provide a holistic view that enables a deeper understanding of risk control measures.
In addition to illustrating the existing preventive and control barriers, bow-tie diagrams highlight potential escalation factors that may compromise the effectiveness or reliability of a barrier. By identifying these factors, organizations can proactively implement control measures to prevent or mitigate their detrimental effects.
The oil and gas industry can significantly enhance its risk management practices by utilising the bow-tie approach. This method allows organizations to identify, assess, and communicate critical risk control measures, promoting a proactive approach to safety and reducing potential accidents.
SynergenOG is your go-to partner for harnessing the power of the bow-tie method in the oil and gas industry. Our specialized services are designed to help you visualize and manage risks effectively, ensuring the safety of your facilities
Beyond its visual appeal, Bow-Tie diagrams help us identify potential escalation factors that could compromise the effectiveness and reliability of your barriers. We then implement additional control barriers to prevent or mitigate the impact of these escalation factors.