INK Uses Modern Techniques for Risk Analysis in Implementation of Gas Project

Irkutsk Oil Company has adopted Hazard and Operability Analysis (HAZOP)* to identify the potential risks and operability problems of a new gas processing plant being built in Yaraktinsky field. The new plant will have an operating capacity of 3.6 million cubic meters per day.

The company decided to conduct HAZOP studies at an early stage of the gas project, and plans to conduct several more studies at more advanced stages.

A joint team of specialists from «RCSR «Rizikon», Toyo Engineering, Premium Engineering and INK reviewed the project and made various improvements to be adopted at design and manufacturing of equipment. This approach helps minimize the costs while reducing the risks of plant malfunction. Also, INK’s technical team gets an additional opportunity to immerse in the details of the technology and facility design, which, in turn, would be translated into safety and reliability at the exploitation stage.

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* Hazard and Operability Analysis (HAZOP) is a structured and systematic technique for system examination and risk management. In particular, HAZOP is often used as a technique for identifying potential hazards in a system and identifying operability problems likely to lead to nonconforming products.