Operational hazards in the oil & gas industry

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      <subfield code="a">The core of risk management in the oil & gas industry is process safety. Based on the assumption that risk exposure and risk protection are always interdependent, plant operations must be considered from both the exposure and the protection perspective. This publication highlights some of the key elements of operational hazard that Swiss Re considers key in the overall risk assessment process: mode of operation; turnaround intervals, number of changes during steady state operation; maintenance intensity during steady state operation; organisational changes, manning levels and staff fluctuation; extend of contractor use; inspection environment</subfield>
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