... with predicted future failure likelihood and consequences to determine the risk associated with breakdown or malfunctioning equipment. This information is used to determined priorities for remedial work. Risks are assessed in terms of impact on safety, environment, asset or reputation. This is done...

... judgement Reservoir Characterization Upstream Oil & Gas likelihood assessment es 4 FEP financial viability perception mati Artificial Intelligence category co 2 risk increase health Viability climate change ti es 4 construction structural geology case study 1 Industry Viability...

... & Safety Executive's own internally commissioned review of the subject [ 1 ]. At this stage, the hazard identification process took no account of the likelihood of the hazard occurring and as such focused on getting a clear understanding of where the Clair platform could be exposed to risk. [Risk here...

... motion characteristic steven johnson spe 26688 protection measure manifold external hazard spe 26688 strength safety zone subsea installation impact energy external hazard subsea structure likelihood spe 26688 hazard anchor line INTRODUCTION There is an increasing emphasis...