Page 318 - Pipelines and Risers
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Risk Analysis applied to Subsea Pipeline Engineering                 29 1


         Uncertainty
         All of  the models in the sequence of  analysis contain a significant degree of uncertainty. If
         taking a pessimistic approach and use factors of safety in the magnitude of  1.5 for each stage
         of  calculation this  will  result  in  a  total  factor of  safety  of  (1.54=)  5.  This  might  be  an
         unrealistic overestimate of  the total value so it is necessary to adjust this figure to suit the
         situation.

         Another difficulty with the consequence Modeling technique is that it is necessary to assume
         an initial discharge condition (i.e. the size of hole). This has a large influence over the models
         used,  for  a  more  comprehensive analysis  a  sample of  likely release  conditions could  be
         evaluated. However, generalizations can be made regarding hole size based on  failure rate
         data and type of failure, e.g. corrosion is likely to lead to smalypin pricks, where as third party
         interference tends to cause large diameter holes.

         16.7.2 lS' Party Individual and Societal Risk
         As  implied by the definition of  each  of  these risks, the consequences will  be measured in
         terms of the human life loss as a consequence of  an  initiating event. The unit used to assess
         the loss is the Fatal Accident Rate (FAR), which can be defined as the number of fatalities per
         10'  hours worked.

         16.7.3  Environmental Risks
         In determining environmental risk, it is necessary to evaluate the consequences of the loss of
         containment, and also the probability of  loss of  containment. The cause of  initiation is the
         same as for the initiation of individual and societal risk.

        The consequence can be determined in terms of the following factors.


         1.  The category of fluid
           A detrimental consequence will usually only arise from fluid releases (Le. oil).
         2.  The location of release
           A  pollution  impact  assessment  will  provide  an  understanding  of  the  sensitivity and
           balance of the surrounding ecosystem, such that an assessment can be made of the damage
           incurred by contamination of the fluid being transported.
         3.  The volume and dispersion of release
           The volume of release is dependent on both the rate and the duration of the release. The
           dispersion of  the  release  will  be  different for  subsea and  atmospheric releases. This
           analysis  can be undertaken using an appropriate computer-Modeling program.

         16.7.4  Material Loss Risk
        The cost due to any failure incident is an aggregation of the following costs:


           notional cost of fatalities and environmental damage;
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