Offshore Risk Assessment Vol. 2: Principles, Modelling and Applications of Qra Studies

Offshore Risk Assessment was 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 more than three decades 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.

This updated and expanded third edition has been informed by a major R&D program on offshore risk assessment in Norway and summarizes research from 2006 to the present day. Rooted with a thorough discussion of risk metrics and 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 as well as structural and marine hazards. Risk mitigation and control are discussed, as well as an illustration of how the results from quantitative risk assessment studies should be presented. The third second edition has a stronger focus on the use of risk assessment techniques in the operation of offshore installations. Also decommissioning of installations is covered.

Not only does Offshore Risk Assessment describe the state of the art of QRA, it also identifies weaknesses and areas that need further development. This new edition also illustrates applications or quantitative risk analysis methodology to offshore petroleum applications.

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.

Jan Erik Vinnem is a Professor of marine operational risk at the Norwegian University of Science and Technology, Trondheim, Norway. He is also a specialist advisor and CEO of Preventor AS, a consultancy in risk management to the Norwegian offshore industry. His professional career includes experience in the petroleum industry (Statoil and Total), and work as a private consultant (as the founder of Safetec Nordic AS and Preventor AS), in addition to his time in research and education. His research interests include decision support tools, risk management, risk tolerance, risk analysis methods, and risk assessments reflecting human and organisational factors.Dr. Willy Røed has more than twenty years experience as a consultant within risk assessment and risk management from many different application areas, including oil & gas, transport and public sector. He is presently Senior Risk Management analyst in the consultancy company Proactima. He has a master degree and PhD in risk management from University of Stavanger, Norway, and is currently also adjunct Professor at this university. Røed is Chair of the SRA Applied Risk Management Specialty Group.