Risk management
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After a record year for LNG project approvals in 2025, multiyear repairs to war-damaged liquefaction facilities in Qatar and the UAE threaten to slow the growth of global LNG capacity.
Barzan plant explosion that killed 13 and injured 66 occurred 2 days after production was restarted following a scheduled shutdown in December for routine maintenance.
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Sizing a person’s “operating box” for making decisions and taking actions to make room for ingenuity and affordable mistakes provides opportunities for his and the organization’s learning. Which factors affect the resizing of the box and how can the limits be adjusted to encourage continued growth? -
The average project loses 22% expected net present value at authorization, and only 60% of projects meet all their business objectives once they are completed. Executives can do a lot to increase capital project effectiveness by being committed to the stage-gate process.
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This paper introduces dynamic risk modeling and reports on a 2016 proof-of-concept demonstration of the emergent capability.
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ADNOC’s authority on technology maturity describes the case studies used to test the company’s new technology qualification process.
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Many of the worst oilfield incidents have been attributable to human factors. Consequently, a corporate well-control manual was refreshed to include human factors in the management of well-control incidents.
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In an effort to better understand well issues, a global offshore drilling contractor created a program of fully integrated deepwater-DP-drilling simulation exercises to scrutinize all critical aspects of deepwater well-control operations.
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This paper describes the integrated approach taken by Petronas to reinforce effective management of fatigue.
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During high-stress situations, people tend to focus on the potential hazards or outcomes to such a degree that it minimizes their ability to process facts. On 25 July, SPE will hold a webinar entitled “Risk Communication—It’s Not Just About the Facts.”
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Mediocre leadership crushes employee gold and can be the unwitting source of unforeseen organizational outcomes.
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Application of hierarchy theory helps in understanding complexity and is a tool that you should have in your engineering and management toolboxes.
