Oil & Gas Facility Compliance & Risk Assessment

The project involved performing facility and equipment risk assessments on crude oil pipelines, pipeline pump stations, and terminal and tank facilities using the API Risk Management Methods in API Publication 353 Managing System Integrity of Terminal and Tank Facilities.  SPEC performed the risk assessments and trained the Client engineers in the risk assessment and risk mitigation techniques at crude oil gathering facilities associated with the Client’s pipeline facilities. The goal of the risk assessments was to identify high risk facilities and components and develop a screening/ranking of high-risk facilities and equipment.  The method was then used to compare risk reduction of various risk mitigation measures as outlined in API Publication 340 Liquid Release Prevention Measures for Aboveground Storage Tank Facilities

Services Provided: Engineering, Risk Assessment

Client: Major Oil Company

Project Location: China