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Define The Concept Of Risk Essay

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1. INTRODUCTION...................................................................... 3
2. THE CONCEPT OF RISK............................................................ 3
2.1. Definition of Risk.......................................................... 3
2.2. Types of Risk............................................................... 3
2.3. Risk Assessment.......................................................... 4
2.4. Risk Management......................................................... 5
2.5. Uncertainty Influences on the processes.......................... 6
3. PRACTICAL EXAMPLE (Case study: AKPO FPSO Operations)……….. 7
3.1 Lifting operations……………………………………………………………….. 7
3.2 Confine space entry……………………………………………………………. 8
3.3 Sand blasting operations……………………………………………………. 8
3.4 Helicopter operations…………………………………………………………. 9
3.5 Offloading operations…………………………………………………………. 9
3.6 Chemical injection operations…………………………………………… 10
3.7 Maintenance operations……………………………………………………. 10
4. CONCLUSIONS AND RECOMMENDATIONS............................. 11
5. REFERENCES…………………………………………………………………………………… 12

1. INTRODUCTION

The operations on a FPSO encounters many hazards or risk to personnel and the environment. Production facilities on the FPSO increases the risk associated with many marine incident.
Concept of risk, risk assessment, risk management and how uncertainty affects the process will be discussed.

Practical operational examples - AKPO FPSO

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