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Understanding IEC 61511 and IEC 61508 Standards for the Process Industry

Estimated reading time:  6 minutes     Process Safety is defined as a disciplined framework for managing the integrity of operating systems and processes handling hazardous substances through application of design principles, engineering, and operating practices. It aids in the prevention and control of incidents that have the potential to release hazardous materials or energy. It…

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Integrating Human Factors into Design & Operations Risk Framework

Estimated reading time: 8 minutes     The business environment today is highly volatile, and organisations need to adapt to the latest trends in order to succeed. With rapid advancements in technology, the way organisations do business changes as well. Aggressive competition in in the industry adds continuous pressure for top organisations to change in…

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Estimated reading time: 6 minutes   The level of competition in the oil and gas industry has been increasing with time. The recent reports from the U.S. Bureau of Labour Statistics show the demand for industrial engineers in the coming decade grow at around 8% which is higher than the average of all job occupation…

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Incident Investigation and Reporting

Estimated reading time: 5 minutes     “The main objective of an investigation is prevention. A good investigation aims to establish a series of events that should have taken place and compares it to what actually happened to identify areas that need changing.”   There are hazards in all workplaces; risk control measures are established…

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Incident Investigation Plant Oil and Gas

Estimated reading time: 4 minutes   All incidents, regardless of size or impact, need to be investigated. Whether it is a fatality, injury, illness or a close call, an effective incident investigation and report process helps employers understand what happened and why it happened. It presents an opportunity to identify operational hazards and shortcomings in…

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What is reservoir characterisation?

Estimated reading time: 5 minutes Robust reserves and simulation are achieved by the logical, systematic integration of all relevant data. A quality reservoir interpretation is extremely cost-effective compared with data acquisition or development mistakes and essential with today’s complex reservoirs and data sets. Proper integration replaces the need to run expensive, irrelevant logs, explains apparent…

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What Is A Day Work Contract

Estimated reading time: 7 minutes     The upstream or E&P segment of the international oil and gas industry, is in all probability, the riskiest in terms of capital intensity, long payback periods, technological dependence and a host of legal and environmental compliance requirements. It is commonplace for entities seeking hydrocarbon reserves to offset this…

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Drilling Completion Well Intervention

Estimated reading time: 4 minutes   Since 2009 to 2015, it has been estimated that poor well integrity has cost operators around the world more than US$75 billion. Factors such as the drop in oil prices and low margins are making operators sensitive to such risks. As a result, more emphasis is being placed on…

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Managing International EPC Contracts for the Global Oil & Gas Industry

Estimated reading time: 5 minutes   When managing Engineering, Procurement and Construction (EPC) contracts, it is important to be able to negotiate effectively through taking measurable steps to improve your negotiating position to have the upper hand. Especially for EPC contracts, where projects are complex and huge in scale, achieving optimal results requires a well-prepared comprehensive…

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Biomarkers & Isotope Use in Geochemistry Oil Gas

Estimated reading time: 5 minutes   Petroleum geochemistry improves the efficiency of petroleum exploration as it provides an understanding on the factors that affect the volume of crude oil and natural gas available. Petroleum geochemistry offers rapid, low-cost evaluation tools to aid in understanding development and production problems. It is best used with other disciplines,…

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