VECTOR BETA SLU
Major Hazards Risk Management (MAH) - Enterprise Risk Management (ERM) - Accident Investigations
Risk: Managing Uncertainty
Major Hazards Risk Management
Identify, manage and mitigate risks to people and environment
Hazardous elements:
- Standard Oil&Gas HC
- LNG/Natural Gas
- Carbon Capture and Storage (CCS)
- H2 and LH2
- Methanol
- Ammonia
Enterprise Risk Management
Identify, manage and mitigate risks to business
- Decision making support to board and c-suite
- Safety frameworks
- Due diligence
- Risk monitors and controls
- Interface Engineering-Project Finance
Accident Investigations
Lead for Authorities and Regulators, Owners and/or Suppliers
ERM: The art and science of choice
Enterprise Risk Management (ERM)
Identify, manage and mitigate risks to business
- Decision making support to board and c-suite
- Due diligence
- Risk (safety) frameworks
- Risk identification: likelihood and severity
- Monitors, controls and mitigation
- Interface Engineering-Project Finance
- Swans
Influence: Boards, C-Suite, Management, Supply Chain
Enterprise risk management helps organizations identify, assess, and manage risks to the strategy and business goals.
- … manage volatility, complexity and ambiguity at boardroom and senior levels.
- … monitor firm’s operational performance via risk metrics
- … optimally respond to change (internal and external)
- … business safety frameworks
… choosing a strategy calls for structured decision-making that analyses and prioritises risks, and aligns resources with the mission and vision of the organization
MAH: Major hazards management
Major Accident Hazard Risk Management (MAH)
Identify, manage and mitigate risks to people and the environment
- Qualitative/Quantitative risk and Workshops
- Consequence/impact (simplified, advanced)
- Safety Zones
- Verification/Compliance
- CSP/PFP specs
Hazardous agents:
- Oil and standard HC
- LNG/Natural Gas
- Carbon Capture and Storage (CCS)
- LH2 and H2
- Methanol
- Ammonia
Influence: Energy (Onshore, Offshore), Marine, Net Zero (Renewables)
Investigations: Identifying root causes
Accident Investigations
Lead for Authorities and Regulators, Owners and/or Suppliers
Technical studies to identify the casues of the events:
- Root cause analysis workshops (RCAs)
- Consequence modelling assessments
- Interviews to witnesses
- Fault tree and event tree paths
- ...
Aimed at understanding what happened and how to prevent future occurances. Feed authorities, standards and best practice.
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