Quantitative Risk Analysis

In order to satisfy the current demand for risk analysis with regard to increasingly difficult offshore operations, IDEAS is pleased to announce the introduction of specifically dedicated QRA software so that QRA is covered from a combined engineering and mathematical modelling / statistical analysis perspective – so that the likelihood of events is realistically studied and modeled.

This means that the industry is able to take a step closer to realistic modelling, based upon actual past data and foreseen events as opposed to just the use of qualitative analysis. Through the use of published HSE Offshore Accident Data, the Worldwide Offshore Accident Database and other expert databases (such as SINTEF and Scandpower), accidents and blowouts can be realistically modeled numerically such that output results can be compared with the Operators / Drilling Contractors Standards to see where events can be mitigated against. The advantage of a specialist engineering company expert in risk lies in independence. From an engineering perspective, IDEAS is able to ascertain all well, rig, platform and export (pipeline) risks for input into the QRA Risk Impact / Cost Impact software package referenced below. Upon completion of the risk analysis simulations, all outputs can be assessed with reference to engineering and design / operational nomenclature and parameters, thereby making the work realistic in terms of engineering and operations.

The independence offered to clients means un-biased views are taken and findings are communicated in a clear, unambiguous manner so that all personnel involved understand all potential implications of a certain design being accepted or a certain operational practice being carried out.




A VERY RESPONSIVE SERVICE IS OFFERED IN THE FOLLOWING AREAS :-


BENEFITS




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