Risk Management

Manage and reduce the lifecycle risk of your assets. We’ll help you cover every dimension that matters for safe, reliable operations.

Overview

Risk straddles every part of complex operations, from protecting lives and the environment to asset performance, market dynamics and contractual and regulatory requirements. To manage and reduce risk, we support owners, operators and manufacturers of capital-intensive assets, plants and infrastructure across the entire lifecycle and supply chain.

Our risk management assessments and studies help achieve safe operation by controlling major hazard and risk during design, construction, operation and decommissioning. We do this by evaluating your possible accidental events and major risks, including their causes and consequences. You’ll have optimum risk prevention and mitigation strategies, ensuring you realise the best investment returns by combining assessments with cost-benefit analysis.

Track record

Globally, we’ve worked alongside the oil and gas, transport, rail and nuclear sectors. Supported by our knowledge and solutions, our clients are ideally placed to manage their organisation’s risk profile and prepare for emergencies, safeguarding their operations and business, and society at large.

Service breakdown

Risk management

  • Facilities quantitative risk assessment (QRA)
  • Hazard identification (HAZID) and hazard and operability study (HAZOP) studies
  • Probabilistic Safety Assessment (PSA)
  • Environmental risk assessment
  • Energy Transition Databox
  • Computational Fluid Dynamics (CFD)
  • Fire and explosion modelling
  • Gas dispersion modelling
Human factors and working environment
  • Control room assessment and HMI
  • Safety critical tasks
  • Ergonomics
  • Health risk assessments
  • Failure modes and effects and criticality analysis (FMECA)
  • Safety integrity level (SIL) assessments
  • Reliability, Availability and Maintainability (RAM) - regularity assessment
  • Asset performance and RCM

Benefits

  • Identify and evaluate possible accidental events
  • Identify and assesses major risks
  • Reduce as low as reasonable practicable (ALARP) risk r
  • Determine critical dimensioning accidental loads (DAL)
  • Develop optimum risk prevention and mitigation strategies

Case Studies

Streamlining operations with effective RBI

  • 29.09.2022
  • Case Study
  • Downstream Refining & Processing
More Case Studies

Related News


Industry collaboration to enhance advanced hazard and operability study software

29.09.2022


Sharing our renewables safety expertise in innovative joint industry project

28.09.2022


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