Risk Management of Upstream and Downstream in Oil and Gas Industry

Risk Management of Upstream and Downstream in Oil and Gas Industry
Author: Yukun Liu,Tony Merna (Supervisor.),University of Manchester. School of Mechanical, Aerospace and Civil Engineering
Publsiher: Unknown
Total Pages: 58
Release: 2007
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Risk Management of Upstream and Downstream in Oil and Gas Industry Book Excerpt:

Risk Management in the Oil and Gas Industry

Risk Management in the Oil and Gas Industry
Author: Gerardo Portela Da Ponte Jr
Publsiher: Gulf Professional Publishing
Total Pages: 528
Release: 2021-06-09
ISBN: 0128236272
Category: Science
Language: EN, FR, DE, ES & NL

Risk Management in the Oil and Gas Industry Book Excerpt:

Risk Management in the Oil and Gas Industry: Offshore and Onshore Concepts and Case Studies delivers the concepts, strategies and good practices of offshore and onshore safety engineering that are applicable to petroleum engineering and immediately surrounding industries. Guided by the strategic risk management line, this reference organizes steps in order of importance and priority that should be given to the themes in the practical exercise of risk management activities, from the conceptual and design phase to operational and crisis management situations. Each chapter is packed with practical case studies, lessons learned, exercises, and review questions. The reference also touches on the newest techniques, including liquefied natural gas (cryogenics) operations and computer simulations that contemplate the influence of human behavior. Critical for both the new and experienced engineer, this book gives the best didactic tool to perform operations safely and effectively. Helps readers by presenting practical case studies and exercises that are included in every chapter Presents an understanding on how to approach and apply best practices specific to the oil and gas industry, both offshore and onshore Provides the knowledge needed to gain new techniques in computer simulation and human factors to apply to various sectors of the industry, including subsea and refineries

Risk Management

Risk Management
Author: Terje Aven,Jan-Erik Vinnem
Publsiher: Springer Science & Business Media
Total Pages: 200
Release: 2007-04-26
ISBN: 1846286530
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Risk Management Book Excerpt:

This book presents a risk management framework designed to achieve better decisions and more desirable outcomes. It presents an in-depth discussion of some fundamental principles of risk management related to the use of expected values, uncertainty handling, and risk acceptance criteria. Several examples from the offshore petroleum industry are included to illustrate the use of the framework, but it can also be applied in other areas.

Political Risk In The International Oil And Gas Industry

Political Risk In The International Oil And Gas Industry
Author: Howard L Lax,Calvin Goldscheider
Publsiher: Routledge
Total Pages: 195
Release: 2019-07-11
ISBN: 1000307344
Category: Political Science
Language: EN, FR, DE, ES & NL

Political Risk In The International Oil And Gas Industry Book Excerpt:

In this book, the author draws upon his training in political science and experience as an energy consultant at Atlantis, Inc. It explores the conflicting interests of host and firm, and discusses the way firms use political risk analyses leads us to the issue of managing political risk.

Project Management for the Oil and Gas Industry

Project Management for the Oil and Gas Industry
Author: Adedeji B. Badiru,Samuel O. Osisanya
Publsiher: CRC Press
Total Pages: 784
Release: 2016-04-19
ISBN: 1420094262
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Project Management for the Oil and Gas Industry Book Excerpt:

Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project management techniques. Using the Project Management Body of Knowledge (PMBOK®) framework from the Project Management Institute (PMI) as the platform, the book provides an integrated approach that covers the concepts, tools, and techniques for managing oil and gas projects. The authors discuss specialized tools such as plan, do, check, act (PDCA); define, measure, analyze, improve, control (DMAIC); suppliers, inputs, process, outputs, customers (SIPOC); design, evaluate, justify, integrate (DEJI); quality function deployment (QFD); affinity diagrams; flowcharts; Pareto charts; and histograms. They also discuss the major activities in oil and gas risk assessment, such as feasibility studies, design, transportation, utility, survey works, construction, permanent structure works, mechanical and electrical installations, and maintenance. Strongly advocating a world systems approach to managing oil and gas projects and programs, the book covers quantitative and qualitative techniques. It addresses technical and managerial aspects of projects and illustrates the concepts with case examples of applications of project management tools and techniques to real-life project scenarios that can serve as lessons learned for best practices. An in-depth examination of project management for oil and gas projects, the book is a handbook for professionals in the field, a guidebook for technical consultants, and a resource for students.

Enterprise Risk Management the Oil Industry

Enterprise Risk Management   the Oil Industry
Author: Ty Branch
Publsiher: Unknown
Total Pages: 8
Release: 2019
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Enterprise Risk Management the Oil Industry Book Excerpt:

First, this paper aims to identify the impact that enterprise risk management (ERM) has on the Oil & Gas industry. This paper will examine the strategic initiative that involves a viable plan that will reduce risk exposure to natural gas companies that affects the internal culture and external environment of air, water, land, and sea. Since the Oil & Gas companies are imperative to the world, enabling society to grow, this paper will discover the effectiveness of enterprise risk management from the senior management desk. Hence, the ERM systems to control for risk management is to provide safety to employees, as well as, the oilrigs and to be aware that catastrophic events happen to the company and when it does it damages the reputation of the brand name. Moreover, Oil & Gas companies appear to have a common theme of reporting gaps in the infrastructure, while the ERM officer can become complacent within the organization with the internal culture. When this happens and it does operational risk become a concern because market risk affects both the data management system, as well as, intellectual property. More importantly, these are the ongoing concerns of senior management who must concentrate their efforts on revenue, operational risk and profitable targets, which contributes to the problem of risk exposure because they are overwhelmed with responsibilities.

Assessing the Usefulness of Publicly Available Water Risk Management Tools for the Oil and Gas Industry

Assessing the Usefulness of Publicly Available Water Risk Management Tools for the Oil and Gas Industry
Author: Eddie Hoyle Heck
Publsiher: Unknown
Total Pages: 150
Release: 2014
ISBN: 1928374650XXX
Category: Water
Language: EN, FR, DE, ES & NL

Assessing the Usefulness of Publicly Available Water Risk Management Tools for the Oil and Gas Industry Book Excerpt:

Lloyd s MIU Handbook of Maritime Security

Lloyd s MIU Handbook of Maritime Security
Author: Rupert Herbert-Burns,Sam Bateman,Peter Lehr
Publsiher: CRC Press
Total Pages: 404
Release: 2008-09-24
ISBN: 1420054813
Category: Law
Language: EN, FR, DE, ES & NL

Lloyd s MIU Handbook of Maritime Security Book Excerpt:

Managing the ever-changing nature and cross-disciplinary challenges of the maritime sector demands a complete understanding of the special characteristics of the maritime space. The complexity of the operations of ships, ports, shipping companies, and naval and coast guard maritime security operations as well as the economic significance and the in

Performance Management for the Oil Gas and Process Industries

Performance Management for the Oil  Gas  and Process Industries
Author: Robert Bruce Hey
Publsiher: Gulf Professional Publishing
Total Pages: 740
Release: 2017-04-06
ISBN: 0128104473
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Performance Management for the Oil Gas and Process Industries Book Excerpt:

Performance Management for the Oil, Gas, and Process Industries: A Systems Approach is a practical guide on the business cycle and techniques to undertake step, episodic, and breakthrough improvement in performance to optimize operating costs. Like many industries, the oil, gas, and process industries are coming under increasing pressure to cut costs due to ongoing construction of larger, more integrated units, as well as the application of increasingly stringent environmental policies. Focusing on the ‘value adder’ or ‘revenue generator’ core system and the company direction statement, this book describes a systems approach which assures significant sustainable improvements in the business and operational performance specific to the oil, gas, and process industries. The book will enable the reader to: utilize best practice principles of good governance for long term performance enhancement; identify the most significant performance indicators for overall business improvement; apply strategies to ensure that targets are met in agreed upon time frames. Describes a systems approach which assures significant sustainable improvements in the business and operational performance specific to the oil, gas, and process industries Helps readers set appropriate and realistic short-term/ long-term targets with a pre-built facility health checker Elucidates the relationship between PSM, OHS, and Asset Integrity with an increased emphasis on behavior-based safety Discusses specific oil and gas industry issues and examples such as refinery and gas plant performance initiatives and hydrocarbon accounting

Dynamic Risk Analysis in the Chemical and Petroleum Industry

Dynamic Risk Analysis in the Chemical and Petroleum Industry
Author: Nicola Paltrinieri,Faisal Khan
Publsiher: Butterworth-Heinemann
Total Pages: 284
Release: 2016-08-06
ISBN: 0128038233
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Dynamic Risk Analysis in the Chemical and Petroleum Industry Book Excerpt:

Dynamic Risk Analysis in the Chemical and Petroleum Industry focuses on bridging the gap between research and industry by responding to the following questions: What are the most relevant developments of risk analysis? How can these studies help industry in the prevention of major accidents? Paltrinieri and Khan provide support for professionals who plan to improve risk analysis by introducing innovative techniques and exploiting the potential of data share and process technologies. This concrete reference within an ever-growing variety of innovations will be most helpful to process safety managers, HSE managers, safety engineers and safety engineering students. This book is divided into four parts. The Introduction provides an overview of the state-of-the-art risk analysis methods and the most up-to-date popular definitions of accident scenarios. The second section on Dynamic Risk Analysis shows the dynamic evolution of risk analysis and covers Hazard Identification, Frequency Analysis, Consequence Analysis and Establishing the Risk Picture. The third section on Interaction with Parallel Disciplines illustrates the interaction between risk analysis and other disciplines from parallel fields, such as the nuclear, the economic and the financial sectors. The final section on Dynamic Risk Management addresses risk management, which may dynamically learn from itself and improve in a spiral process leading to a resilient system. Helps dynamic analysis and management of risk in chemical and process industry Provides industry examples and techniques to assist you with risk- based decision making Addresses also the human, economic and reputational aspects composing the overall risk picture

Political and Investment Risk in the International Oil and Gas Industry

Political and Investment Risk in the International Oil and Gas Industry
Author: Steven A. Mucci
Publsiher: Lexington Books
Total Pages: 232
Release: 2017-10-11
ISBN: 1498546137
Category: Political Science
Language: EN, FR, DE, ES & NL

Political and Investment Risk in the International Oil and Gas Industry Book Excerpt:

This book examines the financial, legal and institutional strategies available to the international oil and gas industry to manage political and investment risk. The financial techniques for mitigating and allocating risk include corporate finance, joint ventures, and project finance. The legal techniques include production sharing agreements, profit sharing agreements, service contracts, bilateral investment treaties, and multilateral investment treaties. The institutional techniques include domestic courts, national constitutions, international arbitral tribunals, governmental and non-governmental regulatory agencies, alliances and energy diplomacy. This book traces the historical development of these techniques and their application in practice. The effectiveness with which companies manage political and investment risk is important for the financial sustainability of individual firms and the industry as whole. The real and perceived level of risk affects the level of exploration expenditures and therefore the balance between supply and demand, and the price of oil and natural gas. The search for a secure supply of oil and gas affects the political, military, and economic relations between countries. Consequently, every developed and developing country has placed energy policy at or near the top of its national priorities.

Nuclear Radioactive Materials Tenorm in the Oil and Gas Industry

Nuclear Radioactive Materials  Tenorm  in the Oil and Gas Industry
Author: Khalid Al Nabhani,Faisal Khan
Publsiher: Unknown
Total Pages: 328
Release: 2019-09-02
ISBN: 0128168250
Category: Science
Language: EN, FR, DE, ES & NL

Nuclear Radioactive Materials Tenorm in the Oil and Gas Industry Book Excerpt:

Nuclear Radioactive Materials in the Oil and Gas Industry comprehensively discusses the TENORMs generated from various types of oil and gas processes and their associated adverse human health effects, effective TENORM waste management strategies, and the quantitative risk analysis. The book thoroughly investigates current knowledge, addressing the three main gaps identified in available studies: 1) Exposure to radioactivity, 2) High volume waste as a source of radiation exposure, and 3) A lack of uniform, international safety regulations. This book offers researchers, scientists and graduate and undergraduate students a comprehensive and well-researched reference that covers fundamental concepts, problem identification and solutions development. It is an ideal, comprehensive guideline for professionals involved in the oil and gas and nuclear industries who are concerned about radiological issues. Demystifies NORM and TENORM concepts and redefines TENORM from technical and nuclear scientific perspectives Addresses statistically representative data of quantitative risk assessment and dynamic accident modeling Stresses the need for legislation and consistency of safety standards relating to radiological risks posed by TENORM on health and the environment

Investigation Into the Current Project Risk Management Practices Within the Libyan Oil and Gas Industry

Investigation Into the Current Project Risk Management Practices Within the Libyan Oil and Gas Industry
Author: R. Elhoush
Publsiher: Unknown
Total Pages: 135
Release: 2017
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Investigation Into the Current Project Risk Management Practices Within the Libyan Oil and Gas Industry Book Excerpt:

Oil and Gas Technology and Humans

Oil and Gas  Technology and Humans
Author: Denis Besnard,Eirik Albrechtsen
Publsiher: CRC Press
Total Pages: 286
Release: 2018-08-22
ISBN: 1317086104
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Oil and Gas Technology and Humans Book Excerpt:

The oil and gas industry is going through a major technological shift. This is particularly true of the Norwegian continental shelf where new work processes are being implemented based on digital infrastructure and information technology. The term Integrated Operations (IO) has been applied to this set of new processes. It is defined by the Centre for Integrated Operations in the Petroleum Industry as 'work processes and technology to make smarter decisions and better execution, enabled by ubiquitous real time data, collaborative techniques and access to multiple expertise'. It's claimed that IO is efficient, optimises exploration, reduces costs and improves safety performance. However, the picture is not as clear-cut as it may appear. On the one hand, the new work processes do not prevent major accidents: IO-related factors have been identified in recent events such as the Deepwater Horizon catastrophe. On the other hand, IO technology provides improved decision-making support (such as access to real-time data and expertise), which can reduce human and material losses and damage to the environment. Given these very different properties, it's vital that the industry has a detailed understanding of the benefits and drawbacks of IO, which this book sets out to do from a multidisciplinary point of view. It analyses Integrated Operations from the angles of statistics, management science, human factors and resilience engineering. These varied disciplines provide a multifaceted understanding of IO that better informs risk assessment practices, as well as explaining new techniques and methods and provides state-of-the-art guidance to risk assessment practitioners working in the oil and gas industry.

Oil and Gas Processing Equipment

Oil and Gas Processing Equipment
Author: G. Unnikrishnan
Publsiher: CRC Press
Total Pages: 138
Release: 2020-09-15
ISBN: 1000174212
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Oil and Gas Processing Equipment Book Excerpt:

Oil and gas industries apply several techniques for assessing and mitigating the risks that are inherent in its operations. In this context, the application of Bayesian Networks (BNs) to risk assessment offers a different probabilistic version of causal reasoning. Introducing probabilistic nature of hazards, conditional probability and Bayesian thinking, it discusses how cause and effect of process hazards can be modelled using BNs and development of large BNs from basic building blocks. Focus is on development of BNs for typical equipment in industry including accident case studies and its usage along with other conventional risk assessment methods. Aimed at professionals in oil and gas industry, safety engineering, risk assessment, this book Brings together basics of Bayesian theory, Bayesian Networks and applications of the same to process safety hazards and risk assessment in the oil and gas industry Presents sequence of steps for setting up the model, populating the model with data and simulating the model for practical cases in a systematic manner Includes a comprehensive list on sources of failure data and tips on modelling and simulation of large and complex networks Presents modelling and simulation of loss of containment of actual equipment in oil and gas industry such as Separator, Storage tanks, Pipeline, Compressor and risk assessments Discusses case studies to demonstrate the practicability of use of Bayesian Network in routine risk assessments

Risk Management in Residential Construction Projects for Oil and Gas Industry in Iran

Risk Management in Residential Construction Projects for Oil and Gas Industry in Iran
Author: Anonim
Publsiher: Unknown
Total Pages: 108
Release: 2013
ISBN: 1928374650XXX
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Risk Management in Residential Construction Projects for Oil and Gas Industry in Iran Book Excerpt:

Risk based management in the oil and gas industry

Risk based management in the oil and gas industry
Author: Safety and Reliability Society Symposium
Publsiher: Unknown
Total Pages: 135
Release: 1997
ISBN: 1928374650XXX
Category: Offshore gas industry
Language: EN, FR, DE, ES & NL

Risk based management in the oil and gas industry Book Excerpt:

Project Management for the Oil and Gas Industry

Project Management for the Oil and Gas Industry
Author: Adedeji B. Badiru,Samuel O. Osisanya
Publsiher: CRC Press
Total Pages: 781
Release: 2013-01-23
ISBN: 1420094254
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Project Management for the Oil and Gas Industry Book Excerpt:

Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project management techniques. Using the Project Management Body of Knowledge (PMBOK®) framework from the Project Management Institute (PMI) as the platform, the book provides an integrated approach that covers the concepts, tools, and techniques for managing oil and gas projects. The authors discuss specialized tools such as plan, do, check, act (PDCA); define, measure, analyze, improve, control (DMAIC); suppliers, inputs, process, outputs, customers (SIPOC); design, evaluate, justify, integrate (DEJI); quality function deployment (QFD); affinity diagrams; flowcharts; Pareto charts; and histograms. They also discuss the major activities in oil and gas risk assessment, such as feasibility studies, design, transportation, utility, survey works, construction, permanent structure works, mechanical and electrical installations, and maintenance. Strongly advocating a world systems approach to managing oil and gas projects and programs, the book covers quantitative and qualitative techniques. It addresses technical and managerial aspects of projects and illustrates the concepts with case examples of applications of project management tools and techniques to real-life project scenarios that can serve as lessons learned for best practices. An in-depth examination of project management for oil and gas projects, the book is a handbook for professionals in the field, a guidebook for technical consultants, and a resource for students.

Safety and Reliability in the Oil and Gas Industry

Safety and Reliability in the Oil and Gas Industry
Author: B.S. Dhillon
Publsiher: CRC Press
Total Pages: 213
Release: 2016-04-27
ISBN: 1498746578
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Safety and Reliability in the Oil and Gas Industry Book Excerpt:

An Insightful Guide to Avoiding Offshore Oil- and Gas-Industry Disaster Designing, constructing, operating, and maintaining offshore oil and gas industry equipment and systems can sometimes result in accidents, injuries, and other serious problems. Safety and Reliability in the Oil and Gas Industry: A Practical Approach focuses on oil and gas industry equipment reliability, offers useful and up-to-date information on the subject, and covers in a single volume the most common safety and reliability engineering issues in the oil and gas industry. The book introduces the latest developments in the area, and provides relevant methods and approaches. It also presents important aspects of various case studies on major accidents in the oil and gas industry, and considers human factors that contribute to accidents and fatalities in the area of oil and gas. Additionally, this book describes: Mathematical concepts Oil and gas industry equipment reliability characteristics Accident data and analysis Mathematical models used for performing safety and reliability-related analyses in the industry Safety and Reliability in the Oil and Gas Industry: A Practical Approach covers important aspects of safety in the offshore oil and gas industry. A reference designed with engineering professionals in mind, this book can also be used in oil- and gas-industry-related courses, and serves as a guide for anyone concerned with safety and reliability in the area of oil and gas.

Offshore Risk Assessment

Offshore Risk Assessment
Author: Jan-Erik Vinnem
Publsiher: Springer Science & Business Media
Total Pages: 480
Release: 2013-03-14
ISBN: 9401724717
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Offshore Risk Assessment Book Excerpt:

Offshore Risk Assessment is the first book to deal with quantified risk assessment (QRA) as applied specifically to offshore installations and operations. Risk assessment techniques have been used for some years in the offshore oil and gas industry, and their use is set to expand increasingly as the industry moves into new areas and faces new challenges in older regions. The book starts with a thorough discussion of risk analysis methodology. Subsequent chapters are devoted to analytical approaches to escalation, escape, evacuation and rescue analysis of safety and emergency systems. Separate chapters analyze the main hazards of offshore structures: Fire, explosion, collision and falling objects. Risk mitigation and control are then discussed, followed by an outline of an alternative approach to risk modelling that focuses especially on the risk of short-duration activities. Not only does the book describe the state of the art of QRA, it also identifies weaknesses and areas that need development. Readership: Besides being a comprehensive reference for academics and students of marine/offshore risk assessment and management, the book should also be owned by professionals in the industry, contractors, suppliers, consultants and regulatory authorities.