Dynamic Risk Analysis in the Chemical and Petroleum Industry

Dynamic Risk Analysis in the Chemical and Petroleum Industry

Evolution and Interaction with Parallel Disciplines in the Perspective of Industrial Application

1st Edition - August 4, 2016

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  • Editors: Nicola Paltrinieri, Faisal Khan
  • Paperback ISBN: 9780128037652
  • eBook ISBN: 9780128038239

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Dynamic Risk Analysis in the Chemical and Petroleum Industry focuses on bridging the gap between research and industry by responding to the following questions: What are the most relevant developments of risk analysis? How can these studies help industry in the prevention of major accidents? Paltrinieri and Khan provide support for professionals who plan to improve risk analysis by introducing innovative techniques and exploiting the potential of data share and process technologies. This concrete reference within an ever-growing variety of innovations will be most helpful to process safety managers, HSE managers, safety engineers and safety engineering students. This book is divided into four parts. The Introduction provides an overview of the state-of-the-art risk analysis methods and the most up-to-date popular definitions of accident scenarios. The second section on Dynamic Risk Analysis shows the dynamic evolution of risk analysis and covers Hazard Identification, Frequency Analysis, Consequence Analysis and Establishing the Risk Picture. The third section on Interaction with Parallel Disciplines illustrates the interaction between risk analysis and other disciplines from parallel fields, such as the nuclear, the economic and the financial sectors. The final section on Dynamic Risk Management addresses risk management, which may dynamically learn from itself and improve in a spiral process leading to a resilient system.

Key Features

  • Helps dynamic analysis and management of risk in chemical and process industry
  • Provides industry examples and techniques to assist you with risk- based decision making
  • Addresses also the human, economic and reputational aspects composing the overall risk picture


Process safety managers, HSE managers, safety engineers, Chemical Engineers

Table of Contents

  • Preface

    Part I: Introduction

    1. A short overview of risk analysis background and recent developments
    2. New definitions of old issues and need for continuous improvement

    Part II: Dynamic Risk Analysis

      Sub-section 1: Hazard Identification

    1. Advanced techniques for dynamic hazard identification
    2. Dynamic hazard identification: tutorial and examples
    3. Sub-section 2: Frequency Analysis

    4. Reactive approaches of probability update based on Bayesian inference
    5. Proactive approaches of dynamic risk assessment based on indicators
    6. Coupling of reactive and proactive approaches: tutorials and examples
    7. Comparison and complementarity between reactive and proactive approaches
    8. Sub-section 3: Consequence Analysis

    9. Dynamic consequence analysis through Computational Fluid Dynamics modelling
    10. Computational Fluid Dynamics modelling: tutorial and examples
    11. Assessing the severity of thermal hazards
    12. Thermal hazard assessment: tutorial and examples
    13. Sub-section 4: Establishing the Risk Picture

    14. Risk metrics and dynamic risk visualization

    Part III: Interaction with Parallel Disciplines

      Sub-section 1: Humans

    1. Human Reliability Analysis: from the nuclear to the petroleum sector
    2. HRA in the petroleum industry: tutorial and examples
    3. Sub-section 2: Costs and Benefits

    4. Cost-Benefit Analysis of safety measures
    5. Cost-Benefit Analysis for low-probability high-impact risks: tutorial and examples
    6. Sub-section 3: Reputation

    7. Reputational damage following major accidents
    8. Estimation of major accident reputational damage: tutorial and examples

    Part IV: Dynamic Risk Management

    1. Dynamic Risk Management in the perspective of a resilient system


Product details

  • No. of pages: 284
  • Language: English
  • Copyright: © Butterworth-Heinemann 2016
  • Published: August 4, 2016
  • Imprint: Butterworth-Heinemann
  • Paperback ISBN: 9780128037652
  • eBook ISBN: 9780128038239

About the Editors

Nicola Paltrinieri

Nicola Paltrinieri is an associate professor at the department of Production and Quality Engineering of Norwegian University of Science and Technology (NTNU). He received his Ph.D. in Safety Engineering from the University of Bologna (Italy). He has worked in internationally renowned research teams at the Netherlands Organization for Applied Scientific Research (TNO), the Health and Safety Laboratory (HSL) in the United Kingdom, the Memorial University of Newfoundland in Canada and the Foundation for Scientific and Industrial Research (SINTEF) in Norway. He was awarded with the Onsager fellowship for established reputation for high-quality research. He is involved in a number of projects on advanced techniques of risk analysis in collaboration with world leading oil and gas companies. He is interested in the study and improvement of risk management in the broadest sense, from economic to organizational implications..

Affiliations and Expertise

Associate professor, Department of Production and Quality Engineering, Norwegian University of Science and Technology (NTNU)

Faisal Khan

Faisal Khan
Faisal Khan is a Chemical Engineering Professor and Director of the Mary Kay O’Connor Process Safety Center and the Ocean Energy Safety Institute, Texas A &M University. He is the founder of the Centre for Risk Integrity and Safety Engineering (C-RISE), a Fellow of the Canadian Academy of Engineering, the Engineering Institute of Canada, and the Canadian Society of Chemical Engineering. His areas of research interest include offshore safety and risk engineering, inherent safety, risk management, and risk-based integrity assessment and management. Dr. Khan is actively involved with multinational oil and gas industries on the issue of safety and asset integrity. He also served as the Safety and Risk Advisor to the Government of Newfoundland, Canada. He continues to serve as a subject matter expert to many organizations including Lloyd’s Register EMEA, SBM Modco, Intecsea, Technip, and Qatar-gas. He served as a Visiting Professor of Offshore and Marine Engineering at Australian Maritime College (AMC), University of Tasmania, Australia where he led the development of offshore safety and risk engineering group and the initiative of global engagements with many international institutions. He is the recipient of President Outstanding Research Award of 2012-13 at Memorial University, President Outstanding Research Supervision Award of 2013-14 at Memorial University, CSChE National Award on Process Safety Management of 2014, P, and Society of Petroleum Engineer award for his contribution to Health, Safety and Risk Engineering. He has authored over 500 research articles in peer-reviewed journals and conferences on safety, risk, and reliability engineering. He has authored five books on the subject area. He is the Editor of the Journal of Process Safety and Environmental Protection, Safety in Extreme Environment, and ASME Part A (Risk and Uncertainty Analysis). He regularly offers training program/workshop on safety and risk engineering in different places including St John’s, Chennai, Dubai, Beijing, Aberdeen, Cape Town, Doha and Kuala Lumpur.

Affiliations and Expertise

Mary Kay O’Connor Process Safety Center Artie McFerrin Department of Chemical Engineering, Texas A&M University, College Station TX 77843, USA

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