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Dynamic Operational Risk Assessment with Bayesian Network
(2012-10-19)
Oil/gas and petrochemical plants are complicated and dynamic in nature. Dynamic characteristics include ageing of equipment/components, season changes, stochastic processes, operator response times, inspection and testing ...
Probabilistic Risk Assessment of Offshore Production Platform by Bayesian Network Application to HAZOP and Bow-tie Studies
(2016-12-02)
Successful risk management in an offshore oil and gas production platform requires accurate and up-to-date probability of occurrence of process safety events. Traditional hazard identification and risk assessment techniques ...
Developing Leading Indicators Framework for Predicting Kicks and Preventing Blowouts
(2019-02-08)
Due to the operational complexities of drilling, completion and well intervention activities, it is often quite challenging to predict a potential blowout scenario timely and efficiently. In drilling operations, blowouts ...