Much effort has been devoted in recent years to quantifying risks to personnel associated with offshore operations. The data collected has had the additional benefit of facilitating rational, consistent decision-making on safety upgrades. It was realised that this principle could be extended to cover risks to company assets and risks associated with field development, and that the tools required to aid rational decision-making under conditions of risk in all of these areas were essentially similar. This paper describes the major features of the Integrated Risk Management (IRM) framework which has been developed by RMRI for Amerada Hess Limited (AHL), and discusses its use within AHL.

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