This Advisory provides insight on how to strengthen a company’s risk control, and potentially reduce the likelihood and impact of major accident hazards.
Experience shows that despite having established regulatory safety requirements and corporate safe governance for design and operations of offshore facilities, “low likelihood – high consequence” hazards and accidents, such as blowouts, fires, explosions and collisions, may still occur. To manage this type of risk, it is important to have a robust safety management system (SMS) and one key element of that is identifying and managing barriers aimed at preventing and mitigating failure, hazard and accident situations to maintain the necessary level of safety.
The ABS Advisory on Barrier Management provides operators and owners with insight related to barrier management and how the application of such techniques can help strengthen a company’s risk management control, and potentially reduce the likelihood and impact of major accident hazards.
This Advisory focuses on the use of Barrier Management (BM) principles for the safe and robust design, operation, managing and maintaining barriers of offshore facilities and compares various safety regulations. It also provides a class society approach to barrier management for compliance and verification.