Advancing process safety management systems in the oil and gas industry: Strategies for risk mitigation
1 Waltersmith Refining and Petrochemical Company Ltd, Lagos, Nigeria.
2 Independent Researcher, Houston, TX, USA.
3 Independent Researcher; Lagos Nigeria.
4 Chevron Nigeria Limited, Nigeria.
5 Independent Researcher, Nigeria.
Review
World Journal of Engineering and Technology Research, 2024, 03(02), 001–010.
Article DOI: 10.53346/wjetr.2024.3.2.0058
Publication history:
Received on 02 October 2024; revised on 09 November 2024; accepted on 12 November 2024
Abstract:
Process Safety Management (PSM) is critical for mitigating operational risks and enhancing worker safety in the oil and gas industry. This paper explores the essential components of PSM systems, such as hazard analysis, incident investigation, and management of change, highlighting the role of safety culture, leadership, and accountability. Key challenges in implementing effective PSM, including aging infrastructure and compliance issues, and lessons learned from industry incidents are examined. The paper presents strategies for improving risk mitigation through advanced technologies like digital tools, predictive maintenance, real-time monitoring, and continuous workforce training and engagement. The findings underscore the need for a balanced approach that integrates human oversight with technology to ensure more effective risk management. Recommendations include further investments in digital transformation, stronger leadership commitment to safety, and collaborative efforts with regulatory bodies to improve industry standards. The oil and gas sector can significantly reduce risks and improve operational safety by adopting these strategies.
Keywords:
Process Safety Management; Risk Mitigation; Oil and Gas Industry; Hazard Analysis; Predictive Maintenance; Safety Culture
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0