Guidelines for Risk Surveys Timothy W Bibbs General Director - - PowerPoint PPT Presentation

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Guidelines for Risk Surveys Timothy W Bibbs General Director - - PowerPoint PPT Presentation

Guidelines for Risk Surveys Timothy W Bibbs General Director Mensor Limited III 3 4 June 2015


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SLIDE 1

Guidelines for Risk Surveys

Timothy W Bibbs General Director – Mensor Limited

ХIII Международный Профессиональный Форум УПРАВЛЕНИЕ РИСКАМИ В РОССИИ И СНГ 3 – 4 June 2015 Moscow

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SLIDE 2

Guidelines

In May 2015, Lloyds Market Association issued guidelines for the planning, preparation and execution of oil, gas and petrochemical risk engineering surveys

  • Aims
  • Analysis
  • Causes of Losses
  • Mechanical Integrity
  • Requirements
  • Guidelines
  • Conclusion
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SLIDE 3

Aims

  • Re-focus
  • Modernise
  • Meet Reinsurers’ needs
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SLIDE 4

Analysis

  • Oil, Gas & Petrochemicals
  • 45 Major Losses
  • 15 years
  • Primary, Secondary & Tertiary Causes
  • No Analysis of Root Cause
  • Identify Risk Control Elements
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SLIDE 5

Losses by Sector

Oil 57% Petrochemical 22% Gas 11% Chemical 10%

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SLIDE 6

Losses by Occupancy

Refining 60%

Gas Plants 7% LNG 6% Ammonium Nitrate 5% Ethylene 5% Butadiene 5% Tank Farms 5% Ammonia 3% PVC 2% GTL 2%

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SLIDE 7

Losses by Age

>30 years 44% 20 - 30 years 9% 10 - 20 years 16% <10 years 31%

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SLIDE 8

Losses by Cause

Mechanical Integrity 64% Operations & SOP 13% PTW & Isolation Failures 6% Other 17%

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SLIDE 9

Losses by Cause

Static Equipment Inspection 84% Rotating & Electrical Equipment 8% Overdue Inspections 1% Experience And Training 1% Other 6%

Pipework Failure = 80% of Static Equipment Losses

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SLIDE 10

Causes of Losses

  • Mechanical Integrity Failure - Corrosion
  • Failure of Operating Practices
  • Poor Design/Hazard Identification
  • Maintenance: Isolation, Permit to Work
  • Poor Management of Change
  • Lack of ROVs
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SLIDE 11

Mechanical Integrity

  • Inadequate Piping Inspection
  • Poor Materials/Equipment Selection or Defect
  • Inadequate Equipment Inspection
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SLIDE 12

Piping Inspection

  • Understand Corrosion Mechanism
  • Involve Corrosion Engineer
  • Involve Qualified Inspectors
  • Analyse Changes in Feedstock etc.
  • Check Incoming Materials
  • Consider External Corrosion
  • Develop Suitable Programme
  • Access all Locations
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SLIDE 13

Requirements

  • Process Safety and Loss Prevention
  • Common Causes of Losses
  • Evidence-based Risk Engineering Opinion
  • Effectiveness of Implementation
  • Reporting of KPIs
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SLIDE 14

The Guidelines

  • INFORMATION

GUIDELINES FOR OIL, GAS & PETROCHEMICAL RISK ENGINEERING SURVEY REPORTS (LMA document reference OG&P IGSR 2015/001)

  • OIL, GAS & PETROCHEMICAL RISK ENGINEERING

SURVEY REPORT CODE OF PRACTICE (LMA document reference OG&P RESCOP 2015/001)

  • GUIDELINES FOR THE EFFECTIVE CONDUCT OF OIL,

GAS & PETROCHEMICAL RISK ENGINEERING SURVEYS

Available on Mensor Website: www.mensor.pro

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SLIDE 15

Conclusion

  • Understand Losses
  • Loss Prevention vs Loss Mitigation
  • Study the Evidence

All Mensor Reports Conform to Guidelines

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SLIDE 16

Thank you for your attention

MENSOR The Surveyor