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A Publication of the ABS Offshore Project Development Team
RISK-BASED TECHNOLOGY FOR THE OFFSHORE INDUSTRY

t an ABS Consulting sponsored offshore industry briefing in Houston, Texas
in June 2003, some 200 operators, engineers and constructors heard the latest strategies and techniques for applying risk-based technology to offshore projects. Risk experts from ABS Consulting and risk and engineering professionals from industry and the coastal state administration introduced the attendees to a wide range of risk applications for the industry, from the consideration of novel concepts to risk based inspections.
“Taking advantage of these approaches can help industry practitioners and experts better focus their human resources, budgets and time where they are needed most. Regulatory agencies also recognize the value of these concepts,” said Ian Simpson, Manager, Offshore Project Development, ABS.

For example, forum participant Dr. Charles E. Smith, Senior Technical Advisor, US Minerals Management Service, offered insight into how risk assessment has contributed to MMS regulatory decisions. Smith also provided an overview of MMS regulations and standards and ongoing activities. In addition, Captain Jeff Lantz, Acting Chief, Office of Design and Engineering Standards, US Coast Guard, discussed how the USCG applies risk-based decision-making to maritime safety.

Speakers from ABS addressed topics including:

  • Integrating risk management into classification: Risk assessment and risk management techniques can provide a more rational, holistic and proactive approach to the development of safety standards and regulations for the offshore industry, providing alternatives to the traditional, prescriptive and empirical methods of classification.

Speakers from ABS Consulting addressed such topics as:

  • “Approval In Principle” (AIP) of a novel concept: Using an actual oil and gas project, guideline methodology for obtaining “Approval In Principle” shows a combination of testing and risk assessment, demonstrating acceptable levels of safety in line with current offshore and marine industry practice.
  • Application of quantitative risk techniques to marine and offshore facilities: Qualitative techniques can range from simple event tree and fault tree analysis for individual components or systems to fully integrated models with linkage of risks between systems.
  • Risk-based inspection (RBI): Offshore facilities have traditionally followed a prescriptive inspection program where structures and systems are inspected on a consistent interval basis. RBI offers an alternative method in which inspections occur according to the risk profiles, with high-risk structures and systems receiving more regular and thorough inspections.

Speakers from industry addressed topics that included:

  • Risk assessment in project Health, Safety and Environment (HSE) decision making; and qualitative risk assessment tools, such as checklist reviews, “what if” techniques and hazard and operability studies (HAZOPS).

Earlier this year at Houston’s Offshore Technology Conference, ABS issued three new guides for operators to apply the latest in risk technologies to projects. New procedures for innovative designs are developed in Risk Evaluations for the Classification of Marine-Related Facilities. New technologies or approaches without much precedent are addressed in Guidance Notes for Novel Concepts. A third new publication, the Guide for Surveys Using Risk-Based Inspection Techniques, optimizes inspection resources for existing facilities.
For further details, go to:
http://www.eagle.org/news/press/may5-2003.html

 
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