12.01.2015, 21:39:38 (GMT+1)

New risk assessment software for offshore energy

Web-based ORA system will enhance oil and gas platform risk management

Legislation in the global oil and gas industry places an obligation on companies to effectively manage risk across their business and operational activities.





To help companies achieve and demonstrate this, leading independent energy consultancy ADIL has developed a secure web-based software system which will enable offshore oil and gas operators to manage their complete operational risk assessment (ORA) processes.





This new single system ORA solution will equip companies with state-of-the-art risk assessment technology to increase efficiency and consistency in managing operational risk while also effectively demonstrating regulatory compliance.





Now the Aberdeen, Scotland-based company has been awarded a contract to deliver the ORA software solution to Centrica Energy, a leading integrated energy business, to help manage operational risk and improve transparency across its North Sea assets. This groundbreaking agreement is the first delivery of ORA technology designed to help platform and onshore users develop new operational risk assessment procedures or improve and verify the strength of their existing processes.





The new system enables the identification and categorisation of different types of operational risk using an established matrix. It includes a full history of the endorsement and approvals process, both at an asset-specific and region-wide level, with full reporting function.





ADIL says the new tool provides asset, operational and HSE managers with remote access visibility of ORA activity throughout their organisation. This will ensure more comprehensive and assured risk action plans, more incisive interventions on emerging risk situations, improved learning from all significant incidents and enhanced competency assurance of critical roles in safety and operational risk.





“In the goal-setting environment of the oil and gas industry, legislation places an obligation on companies to effectively manage risk within their business,” says James Paton, ADIL managing director. “The effective management of major accident hazards is an integral feature of safe operations on offshore oil and gas installations.









“A duty holder’s procedures for risk management need to accommodate and account for adverse changes in safety-critical element provision or other abnormal situations that may potentially increase levels of major accident risk.”

According to ADIL, combining their software development skills with industry-recognised technologies has created a solution which is robust, fit-for-purpose and scalable to each company’s needs. The ORA software enables users to:

• create, review, approve and reject

• use electronic workflow, notifications and alerts

• detail hazards and controls

• identify risk and residual risk for each hazard

• access information and produce reports

• demonstrate compliance.





“The energy industry is built on a culture of safe, compliant and reliable operations,” says James Paton. The contract demonstrates a clear commitment from one of the offshore energy industry’s biggest companies “towards ensuring a managed and effective response to impaired safety-critical elements or other abnormal operation situations with the potential to increase major accident risk”.





ADIL focuses on providing cutting-edge development and operations management support to the energy industry and is widely regarded as an innovative market leader in this field.





Sources:

http://www.assetdev.com/latest-news/adil-secures-first-operational-risk-assessment-sof

http://www.assetdev.com/our-services/business-solutions/operational-risk-assessment