scholarly journals Safety & Environmental Risk Management: Borrowing from the Past to Enhance Knowledge for The Future

2019 ◽  
Vol 1 (1) ◽  
pp. p64
Author(s):  
Evangelia Fragouli ◽  
Faye Nzioka ◽  
Selma Manar
Keyword(s):  
Risk Management ◽  
Deep Water ◽  
Environmental Risk ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Management Policy ◽  
Deep Uncertainty ◽  
Gas Industry ◽  
Environmental Risk Management ◽  
Technology Industry

The oil and gas industry is facing more and more challenges in the latest decades. Indeed, as oil and gas became more difficult to be found, new areas are targeted, as deep water offshore or more hostile environments like Alaska. These involve high technology industry and imply deep uncertainty. Thus, the application of classical approaches of risk management is limited, as shown by major safety and environmental oil disasters like the Deep Water Horizon Accident. This paper analyses the later as a case study, to discuss the complexity of safety and environmental risk management in deep-water drilling. Given this complexity, the paper will also analyse how feedback from previous accidents can improve knowledge, and change the perception and thus the way safety and environmental risks are managed in deep-water drilling. The findings of the paper contribute to development of risk management policy and risk decision making.

ENVIRONMENTAL RISK MANAGEMENT: A PROPOSED SCHEME

1997 ◽  
Vol 37 (1) ◽  
pp. 714
Author(s):  
H.B. Goff ◽  
R.K. Steedman
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Environmental Risk ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Transport Processes ◽  
Assessment Process ◽  
Gas Industry ◽  
Environmental Risk Management ◽  
The Impact

Environmental risk assessment is becoming an increasingly important factor in the assessment process for new projects. The oil and gas industry is familiar with assessing and managing risks from a wide range of sources. In particular, risk assessment and management is fundamental to the evaluation and implementation of Safety cases. Risk assessment is essential in valuing exploration acreage. Various industry and government risk management standards and criteria have been developed for public and occupational health and safety.This paper examines the extension of these approaches to environmental risk management for the offshore oil and gas industry and proposes a conceptual management scheme.We regard risk as the probability of an event occurring and the consequences of that event. The risk is classified into four categories, namely:primary risk, which relates to the mechanical oilfield equipment;secondary risk, which relates to the natural transport processes. For example dispersion of oil in the water column and surrounding sea;the tertiary risk, which relates to the impact on some defined part of the physical, biological or social environment; andthe quaternary risk, which relates to the recovery of the environment from any impact.Generally the methods of quantitatively analysing primary and secondary risks are well known, while there remains considerable uncertainty surrounding the tertiary and quaternary risk and they are at best qualitative only. An example of the method is applied to coral reef and other sensitive areas which may be at risk from oil spills.This risk management scheme should assist both operators and regulators in considering complex environmental problems which have an inherent uncertainty. It also proves a systematic approach on which sound environmental decisions can be taken and further research and analysis based. Perceived risk is recognised, but the management of this particular issue is not dealt with.

Tubarão Martelo Field Riser System: Shallow Water Challenging

2015 ◽  
Author(s):  
Elton J. B. Ribeiro ◽  
Zhimin Tan ◽  
Yucheng Hou ◽  
Yanqiu Zhang ◽  
Andre Iwane
Keyword(s):  
Shallow Water ◽  
Deep Water ◽  
Oil And Gas ◽  
Vertical Motion ◽  
Oil And Gas Industry ◽  
System Configuration ◽  
Wave Load ◽  
Gas Industry ◽  
Campos Basin ◽  
Water Problem

Currently the oil and gas industry is focusing on challenging deep water projects, particularly in Campos Basin located coast off Brazil. However, there are a lot of prolific reservoirs located in shallow water, which need to be developed and they are located in area very far from the coast, where there aren’t pipelines facilities to export oil production, in this case is necessary to use a floating production unit able to storage produced oil, such as a FPSO. So, the riser system configuration should be able to absorb FPSO’s dynamic response due to wave load and avoid damage at touch down zone, in this case is recommended to use compliant riser configuration, such as Lazy Wave, Tethered Wave or Lazy S. In addition to, the proposed FPSO for Tubarão Martelo development is a type VLCC (Very Large Crude Carrier) using external turret moored system, which cause large vertical motion at riser connection and it presents large static offset. Also are expected to install 26 risers and umbilicals hanging off on the turret, this large number of risers and umbilicals has driven the main concerns to clashing and clearance requirement since Lazy-S configuration was adopted. In this paper, some numerical model details and recommendations will be presented, which became a feasible challenging risers system in shallow water. For instance, to solve clashing problem it is strictly recommended for modeling MWA (Mid Water Arch) gutter and bend stiffener at top I-tube interface, this recommendation doesn’t matter in deep water, but for shallow water problem is very important. Also is important to use ballast modules in order to solve clashing problems.

Environmental risk management in the oil and gas sector from the insurance perspective

2020 ◽  
Vol 20 (2020) ◽  
pp. 499-500
Author(s):  
Thaís Figueiredo Dana ◽  
Fernando Potsch ◽  
Andre Scudiere Gravina De Sa ◽  
Roberto Dana ◽  
Thiago Figueiredo Dana
Keyword(s):  
Risk Management ◽  
Environmental Risk ◽  
Oil And Gas ◽  
Environmental Risk Management ◽  
Insurance Perspective ◽  
Oil And Gas Sector

scholarly journals Risk Management in Oil and Gas (EPC) Industry

2021 ◽  
Vol 9 (9) ◽  
pp. 1255-1264
Author(s):  
Prashant Pralhad Kadam
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Oil And Gas ◽  
Safety Management ◽  
Management Strategies ◽  
Oil And Gas Industry ◽  
Construction Costs ◽  
Defective Items ◽  
Gas Industry ◽  
Risk Management Strategies

Abstract: The five most important risk factors identified in the design phase are 1] scope uncertainty, 2] failed management and planning, 3] changes in errors and omissions, 4] inadequate projectS team structure, 5] inadequate quality requirements. The top five risk factors determined by the procurement category are 1] Inadequate online resources and equipment, 2] Distribution of suppliers, 3] Uncertainty in design and style, codes, requirements and standards, 4] Defective items, and 5] Compromise. The 5 most important risk factors identified in the construction phase are 1] weak project capability, 2] excessive construction costs, 3] major construction delays, 4] strong project plan, and 5] poor safety management .This was initiated by the link between risk factors and the effects on price, quality and timing, as well as the potential for expensive, common, and high-quality outcomes. Keywords: Disaster risk management, risk management strategies, project risk management, oil and gas industry.

Transition to a low carbon economy in the context of the oil and gas industry

2021 ◽  
Vol 18 (2) ◽  
pp. 34-42
Author(s):  
P. N. Mikheev
Keyword(s):  
Risk Management ◽  
Oil And Gas ◽  
Transition Period ◽  
Oil And Gas Industry ◽  
Low Carbon ◽  
Adaptation To Climate Change ◽  
Gas Industry ◽  
Low Carbon Economy ◽  
Climate Risks ◽  
Carbon Economy

The article discusses issues related to the transition of the oil and gas industry to a low-carbon economy. Within the framework of the scenario approach the key risks of the transition period are considered. The importance of managing climate risks for organizations in the oil and gas industry is emphasized. The prospect of including climatic risks in the general risk management system of the organization is shown. Examples of the implementation of new approaches to climate risk management and adaptation to climate change in Russia and abroad are given.

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