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What is HAZOP?

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  A Hazard and Operability (HAZOP) study is a structured and systematic review of an existing process or operation to identify and evaluate risks to personnel or equipment. A HAZOP…

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3 Lethal Process Safety Incidents

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Major industrial process safety incidents highlight the need for good process safety management (PSM) systems in place within the oil and gas and petrochemical industry. Industrial incidents caused by failures…

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Risk Management by Systems Thinking

What is systems thinking? Systems thinking refers to the understanding that different parts of a system can influence one another within a whole. The difference between systemic thinking and analytical…

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What You Need To Know About IFRS 9

The International Financial Reports Standards (IFRS) are a set of accounting standards being implemented by countries, which are gradually replacing the previous International Accounting Standards (IAS).  IFRS 9 specifies how an entity…

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LNG Ship to Ship Transfer Guidelines

Liquified Natural Gas (LNG) vessel transfers, or ship-to-ship (STS) transfers, have been on the rise following the first commercial operation of this type in 2007. As do with all transfer…

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Understand Safety Case Regime Singapore

Safety Case Regime Singapore

  The Ministry of Manpower (MOM) Singapore announced the Safety Case Regime legislation where all Major Hazards Installation (MHI) companies are required to submit a Safety Case to demonstrate how…

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