How Risk Based Decision Making improves Energy Efficiency in Oil and Gas Industry - Implementing Environmental and Resource Management - page 181

how each phase of a plant, from cradle to grave, benefits by implementation of the
proposed 'uptimized' framework. The identification of relevant goals and Key
Performance Indicators (KPIs) before the employment of the RBDM process dur-
ing different phases of a project is recognised in this paper as an important factor.
The proposed framework and a systematic implementation plan for 'uptimized'
solutions is certainly a challenging but promising strategy to achieve the required /
desired results.
References
OPEC - Organization of the Petroleum Exporting Countries (2006) Annual Statistical Bul-
letin 2005. OPEC Data Services Department, Vienna
OGP-IPIECA (2006) Controlling Health Risk at Work: A Roadmap to Health and Safety
Assessment in the Oil and Gas Industry. Internet address: http://www.ogp.org.uk/
pubs/384.pdf, last accessed on 12.12.2010
BP - British Petroleum (2006) BP Statistical review of World Energy June 2006. British
Petroleum, London
HSE UK - Health and Safety Executive (2001) ALARP Suite of Guidance; HSE UK.
Internet address: http://www.hse.gov.uk/risk/theory/alarp.htm, last accessed on
12.12.2010
HSE UK - Health and Safety Executive (2001) Reducing Risks, Protecting People - HSE's
decision making process - (R2P2). Crown
Bolsover A (2006) Internal document: Risk Acceptance Criteria and ALARP, Bureau Veri-
tas
Bowles DS (2003) ALARP Evaluation - Using Cost Effectiveness and Disproportionality
to Justify Risk Reduction. ANCOLD 2003 Conference on Dams
Das B (2007) ALARP Demonstration and Its Level of Intensification. International Petro-
leum Technology Conference IPTC 2007
Löfstedt RE (1997) Risk Evaluation in the United Kingdom: Legal Requirements, Concep-
tual Foundations, and Practical Experiences with Special Emphasis on Energy Sys-
tems. Centre for Environmental Strategy, University of Surrey Guildford
Todinov M (2006) Risk-Based Reliability Analysis and Generic Principles for Risk Reduc-
tion. Elsevier Science, Amsterdam
Tweeddale M (2003) Managing Risk and Reliability of Process Plants. Gulf Professional
Publishing, Burlington
Cosmao T, Mello S (2005) Internal document: Introduction to Bureau Veritas Services for
LNG Import Terminals, Bureau Veritas