Pipe dream

Working with Mitsui Babcock Technology Limited, Risktec Solutions has been addressing the ongoing initiative by the UK Health and Safety Executive (HSE) Offshore Safety Directorate to reduce the number of hydrocarbon leaks from offshore production platforms.

The HSE has a target for the offshore industry to reduce the occurrence of all leaks to 50% of the 1999/2000 number by 2004.

Mitsui Babcock and Risktec have developed a risk-based methodology for systematic, yet cost-effective, assessment to help resolve this problem. The approach has already been applied to eleven installations – 10 offshore platforms and 1 onshore plant – but is applicable to any platform.

This article first appeared in RISKworld Issue 3.