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Dynamic Risk Analysis in the Chemical and Petroleum Industry - 1st Edition - ISBN: 9780128037652, 9780128038239

Dynamic Risk Analysis in the Chemical and Petroleum Industry

1st Edition

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

Editors: Nicola Paltrinieri Faisal Khan
Paperback ISBN: 9780128037652
eBook ISBN: 9780128038239
Imprint: Butterworth-Heinemann
Published Date: 4th August 2016
Page Count: 284
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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


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



No. of pages:
© Butterworth-Heinemann 2016
4th August 2016
Paperback ISBN:
eBook ISBN:

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 is a Professor and the Canada Research Chair (Tier I) of Offshore Safety and Risk Engineering. He is the founder of the Centre for Risk Integrity and Safety and Engineering (C-RISE), and Director Designate of the Mary Kay O’Connor Process Safety Center. His areas of research interest include offshore safety and risk engineering, inherent safety, risk management, and risk-based integrity assessment and management. He is actively involved with multinational oil and gas industries on the issue of safety and asset integrity. In 2006, he spent eight months as a risk and integrity expert with Lloyd’s Register, a risk management organization in UK. He also served as the Safety and Risk Advisor to Government of Newfoundland, Canada. He continues to serve as a subject matter expert to many organisations that include Lloyd’s Register EMEA, SBM Modco, Intecsea, Technip, and Qatar-gas. In 2008-10, he visited Qatar University and Qatar-gas LNG Company as the Process Safety and Risk Management Research Chair. In 2012-14 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, CSChE National Award on Process Safety Management of 2014, President Outstanding Research Supervision Award of 2013-14 at Memorial University, and recently Society of Petroleum Engineer award for his contribution in 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 for the Journal of Process Safety and Environmental Protection, Process Safety Progress, 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

Memorial University of Newfoundland, Centre for Risk Integrity and Safety Engineering (C-RISE), St John's, Canada

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