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QRA in Oil & Gas: Risk Assessment Course

This document provides information about an oil and gas and process industry quantitative risk assessment (QRA) module. The purpose of the module is to teach students how to apply QRA techniques relevant to the oil and gas and process industries, including regulatory requirements, conducting risk assessments of facilities, and determining whether risks are as low as reasonably practicable. The module covers topics such as hazard identification, consequence analysis, frequency analysis, risk criteria, and cost benefit analysis. It is intended for managers, engineers, and risk practitioners and can be taken as a classroom or distance learning course.

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Fahmi Bajry
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144 views1 page

QRA in Oil & Gas: Risk Assessment Course

This document provides information about an oil and gas and process industry quantitative risk assessment (QRA) module. The purpose of the module is to teach students how to apply QRA techniques relevant to the oil and gas and process industries, including regulatory requirements, conducting risk assessments of facilities, and determining whether risks are as low as reasonably practicable. The module covers topics such as hazard identification, consequence analysis, frequency analysis, risk criteria, and cost benefit analysis. It is intended for managers, engineers, and risk practitioners and can be taken as a classroom or distance learning course.

Uploaded by

Fahmi Bajry
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Risk-Based Decision Making and Reporting

Oil and Gas and Process Industry Quantitative


Risk Assessment (QRA)

Purpose
The purpose of this module is to enable students
to understand and apply QRA techniques with
particular relevance to the oil & gas and process
industries. The module includes an introduction to
QRA-related regulatory requirements in the
industry. Students will be given an opportunity to
conduct QRA exercises for oil & gas / process
facilities. The module also covers risk criteria,
application of the ALARP principle, sensitivity
analysis and cost benefit analysis.

At the end of the course you will be able to
1. Critically review the use of QRA in the oil & gas
and process industries
2. Interpret legislative/regulatory QRA
requirements
3. Apply QRA to simple process industry operations
to analyse the risks to
personnel/asset/environment
4. Design a QRA report for a simple operation
5. Logically deduce whether risks are ALARP.

Outline content
Aims and introduction
Regulatory regimes and use of QRA
Hazard identification
Consequence analysis
Frequency analysis
Reliability of safety systems
Quantitative risk assessment (QRA) for process
systems and transportation
Risk criteria
Application of the ALARP principle (further detail in
the Risk Reduction and ALARP module)
Sensitivity analysis
Cost benefit analysis

Recommended prior study
Education, skills or experience equivalent to
undergraduate level
Risktec modules: Introduction to Practical Risk
Management; Hazard Identification;
Availability, Reliability, Maintainability (ARM)
Analysis; Fault Tree & Event Tree Analysis;
Physical Effects Modelling

Who should attend
Managers, engineers, HSE advisors and risk
management practitioners.

Module is available as
Face-to-face (classroom) delivery, or
Distance learning (web-based) delivery
Attendance-only (without assessment), or
Attendance plus assessment by Risktec or
University (for CPD credits)
A constituent of PgCert, PgDip and MSc
programmes.

Assessment details
Coursework involving around 80 hours of private
study
For distance learning only: short in-course
tests/exercises plus coursework (80 hrs)

Module details
Module Codes: 7535ENGRSK and 7535RSKDL
Level: Masters
Duration: 2 days (F2F) or 8 weeks (DL)
CPD Credits: 10

Price
For prices and further information, or to book a
course, please contact Vicky Billingham at
[email protected]

Contact
Risktec Solutions Ltd
Wilderspool Park
Greenalls Avenue
Warrington
WA4 6HL
United Kingdom

Tel +44 1925 611 200
Fax +44 1925 611 232
[email protected]
www.risktec.com

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