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

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Nearly 200 offshore industry professionals attended a one day workshop “Taking Advantage of Risk-Based Technology Advances” hosted by ABS Consulting in June in Houston.
During a workshop break (from left) ABS Senior Staff Consultant Phil Rynn talks with Jeff Lantz, USCG and Jim Gormanson, Noble Drilling Services. Rynn recently worked on the ABS “approval in principle” of the novel compressed natural gas or CNG design from EnerSea Transport.
Risk forum workshop attendees (left) John Weon, MODEC International and Frank Tiedemann, BP.
Dr. Charles E. Smith, Senior Technical Advisor, MMS, discusses how risk assessment has played a role in MMS regulatory decisions.
ABS Consulting Quantitative Risk Assessment expert Bob Cross (left) participates in a forum with USCG’s Jeff Lantz. Cross presented fault and event tree analyses as two major QRA tools used today in evaluating risk. ABS Consulting is the leading risk management firm in the United States and an affiliate of ABS.
How risk assessment is used in project decision making was explained by Dave Jones, ChevronTexaco.
Chris Serratella, ABS Consulting, offers a case study review of EnerSea’s VOTRANS CNG design concept as a project in which new technologies or approaches without much precedent are addressed. The ABS Guidance Notes for Novel Concept was the technical document used in guiding the “Approval In Principle” decision.

 
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