Quantitative Risk Assessment (QRA)

Quantitative Risk Assessment

At Noble Offshore we recognise that risk is a complex issue, highly dependent not only on technical issues but also human and organisational performance and to this end our services provide essential support to help deliver focussed performance improvement towards Health Safety Security Environment (HSSE) excellence.The application of QRA techniques gives the companies the ability to identify the most cost-effective solutions to a range of problem, including the reduction of injuries to personnel, asset protection and cost of insurance. The purposes of QRA are to:

  • Determine major hazards potential
  • Assist the risk decision-making process
  • Demonstrate that risks are acceptable
  • Assist emergency planning
  • An integral part of the Safety Case for regulatory or planning purposes
  • A tool for land use planning and development decisions

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