Summary: Discover how integrating consequence modelling into fire and explosion risk assessment can enhance safety by identifying hazards, assessing likelihood and estimating potential consequences, supporting proactive risk mitigation strategies, and continuous improvement. Fire and explosion risks are a major concern for industrial facilities. They can cause significant damage to property, equipment and fatal injuries to...Continue Reading
Summary: Discover the role of quantifying and assessing risks in a quantitative risk assessment (QRA). Gain insights into the methodologies, tools, and best practices used to effectively analyze and manage risks. Enhance your risk management strategies with the power of quantitative risk assessment. What is a QRA? Quantitative Risk Assessment (QRA) is a systematic and...Continue Reading
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
The main objective of this proposal is to support our client through undertaking the CRL3 Safety Studies to gain regulatory approval for the Advance Engineering Study. SOG shall assist the client in understanding the study’s findings and implementing any recommended risk reduction measure. In addition, SOG shall support through a presentation of the results to...Continue Reading
The main objective of this proposal is to support our client in Singapore by undertaking the Pipeline QRA Study. In addition, SOG shall support the client by submitting the pQRA report to the regulatory bodies upon approval of the pQRA. The study further cements our understanding and exhibits our capability to comply with Singapore’s regulatory...Continue Reading