Understanding API 580 Risk Based Inspection
Estimated reading time: 3 minutes What is Risk-Based Inspection (RBI)? Risk-based inspection (RBI) is a procedure in which industrial risks resulting from equipment or structural degradation are identified, assessed and categorised. This is done by an analysis of the probability and consequences of failure associated with each equipment, component or structure, a proper inspection and maintenance programme is then developed. Why use RBI? RBI is a powerful tool if carried out correctly, as part of a long-term strategy. It can be used to identify and understand risk, risk drivers, and where equipment is in its lifecycle. It can also indicate whether…
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6 HSE Management Standards that You Need to Know
Average Reading time is 8 minutes A Health, Safety and Environmental (HSE) Management System refers to the set of initiatives that an organisation follows during their operations to manage any risks that are associated with HSE issues. An ideal HSE management system is one that reduces HSE risks. When designing the HSE management system it is important for new HSE managers and HSE engineers to understand what are the essential HSE management standards they must adhere to. We’ll discuss the 6 essential HSE management standards that should help frame the design of an HSE management system. What are the 6…
Read MoreWho is a digital leader and how you can be one.
Average reading time 5 minutes The word “digital” has been the biggest buzzword in recent decades. In this digital decade innovations such as AI, automation and digital transformation is fast emerging. If you have ever thought of how you can utilise these emerging technologies to better reach your business goals, then you a digital leader! Simply put, a digital leader is someone who values communication, creative problem-solving skills, and actively uses new technologies to solve business problems. How then can you be an effective digital leader? Focus on improving employee engagement Imagine, an employee who reports to work every day…
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5 Ways to improve Team Leader Skills
Estimated reading time: 6 minutes Team leaders are crucial in an organisation because they help develop strong teams and improve the efficiency to do the tasks. A recent survey showed that 63% of the organisations believe that their skills are not fully developed to be a great team leader and needs improvement. Improving the ability to become an effective team leader is one of the most powerful moves one can do to transform the performance of their firms and themselves. In the process of improving the team leader skills, the candidate becomes more self-aware about their strengths and weaknesses. Here…
Read MoreWhat is meant by a Media Crisis & why is it important?
Average reading time 7 minutes With the advent of the internet and the proliferation of social media tools, humans have become increasingly connected. In fact, reports from We Are Social and Hootsuite reveals that there are now more than 4 billion people around the world using the internet and approximately 3 billion have access to social media platforms. Therefore, communicating messages effectively to the media is an essential part of successfully managing any organization. As such, saying the wrong things at the wrong time can cause a company or organization serious reputation damage, wipe out stock valuations and cost individuals…
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6 Key Reasons why Tenders Fail
Tendering is often viewed as a complex process with a lot of uncertainty present. In fact, the chances of success in tendering is low due to the high volume of competition that suppliers often must compete with. This is due to the tendering process being a mandatory process used in many government organizations in Singapore for projects and purchases. It is also pertinent to the United States, where the law explicitly states that approximately 23% of the US government organisations award their contracts to small businesses yearly. Hence, it is important for those who engage in sales through a tender…
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5 Features of EPC contracts
Estimated reading time: 3 minutes EPC contracts are the most common form of contract used to undertake construction works of large scale and complex infrastructure projects in the global power industry. Under an EPC contract, a contractor is obliged to deliver the complete facility to a developer who needs to only turn a key to start operating the facility. EPC contracts tend to deal with issues with greater sophistication than other types of construction contracts. This is because an EPC contract is designed to satisfy the lenders’ requirements for contract’s bankability. EPC contracts provide organisations with an opportunity to adopt…
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What is basin analysis and what are the types of basins?
Average reading time 8 minutes Being an essential step that allows for the frontier discoveries of key oil and gas sites, basin analysis is extremely pertinent to Geologists, Geophysicists or Exploration Managers that are involved in the assessment of new exploration opportunities and new country entry, particularly if working on rifts and or passive margins. Therefore, in this post, we’ll define what basins are, along with the different types of basins. What is Basin Analysis? Basin analysis not only involves decoding the sedimentary record but also assessing if the basin conditions are appropriate for hydrocarbon formation and determining where in…
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What is Contract Negotiation?
Estimated reading time: 6 minutes Contract negotiation is the process in which two or more organisations discuss the details of the contract before committing the terms to writing. The organisations attempt to negotiate terms that are favourable to themselves. When negotiating, each party assesses the risk or benefit of including a particular term. The ability to negotiate a contract is a skill that every business owner or an organisation will need at some point of the time during the life span of the business. The negotiation process is not necessarily linear and differing factors will affect the precise route of…
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Considerations for Combustion Optimisation in Direct Fired Heaters
Average reading time 6mins When process engineers mention optimisation processes in Direct Fired Heaters, they often refer to the optimisation required in the combustion part. Combustion optimisation for Direct Fired Heaters is an important concept since the performance objectives of process heaters are traditionally to maximize heat delivery of the process-side feed while minimizing fuel consumption and maximize heat delivery with varying fuel quality. There are 2 main considerations during the combustion optimisation process in Direct Fired Heaters. The two main factors that will influence the combustion optimisation process are: Nitrogen levels and fuel air quantity. Nitrogen Levels While oxygen…
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