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Use of risk acceptance criteria in Norwegian offshore industry: Dilemmas and challenges

Sammendrag

Risk analyses have been used in the Norwegian offshore petroleum industry for more than two decades. The analyses have been closely linked to the use of risk acceptance criteria (RAC). This paper gives a short review of the motivation and use of RAC in the management of risk at offshore installations. Focus is on the present situation and challenges in the Norwegian petroleum industry. The paper will discuss some recommended principles for arriving at risk acceptance. The relation between the acceptability of risk and the cost-benefit of risk reducing measures is also considered, mainly in the context of the ALARP (As Low As Reasonably Practicable) principle.

Kategori

Vitenskapelig artikkel

Språk

Engelsk

Forfatter(e)

  • Per Richard Hokstad
  • Jørn Vatn
  • T. Aven
  • M. Sørum

Institusjon(er)

  • SINTEF Digital / Software Engineering, Safety and Security

År

2004

Publisert i

Risk, Decision, and Policy

ISSN

1357-5309

Forlag

Cambridge University Press

Årgang

9

Hefte nr.

3

Side(r)

193 - 206

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