Furthermore, we provide Risk Analysis techniques along with advanced quantitative means to supplement other hazard identification, analysis, assessment, control, and management methods to identify the potential for such incidents and to evaluate control strategies.
QRA is widely used in assessing the risk in Oil & Gas Installations, especially refineries, tank farms, cross country pipelines, bottling plants, terminals, etc.
Hazard Identification is a critical step in Risk Analysis. Many aids are available, including What-if Analysis, Hazard and Operability (HAZOP) Studies, Failure Mode and Effects Analysis (FMEA), and Preliminary Hazard Analysis (PHA), etc.,
Risks are quantified by our team of experts and ranked accordingly based on their severity and probability. Acceptability of the estimated risk must then be judged based upon criteria appropriate to the particular situation. This personalized study report is used to understand the significance of existing control measures and to follow the measures continuously. Wherever possible, additional risk control measures are adopted by our team to reduce the risk levels.