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Risk management - Essay Example

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Institution Tutor Risk Management Course/Number Date Department Introduction It is a fact that the mechanical process of drilling through the seabed as a way of exploring and extracting oil lying in rock formations beneath the seabed comes with risks…
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Download file to see previous pages Because of this, it is in order to posit that drilling not only readily brings serious risks, but listing 30 of the most significant physical accident risk sources may also thus be in order. List of risks 1) Structural or infrastructural collapse 2) Trips, slips and falls 3) Explosions and fire outbreaks 4) Oil spills 5) Human error 6) Natural forces such as strong wind, hurricane or tropical storm 7) Unsupportive environmental conditions such as soggy ground after rainfall. This may lead to the infrastructure giving way or the rigs not holding firmly to the ground 8) Poisoning 9) Long-term cumulative environmental impacts of offshore drilling which may trigger anoxic conditions, and thereby harming the environment, flora and fauna 10) Ice or glacial action 11) Helicopter accidents 12) Crane accidents and malfunction 13) Earthquakes 14) Falling debris 15) Incompetence, inadequate training and fatigue 16) Drowning 17) Dumping of drilling fluids and metal cuttings into the ocean 18) Air pollution 19) Pipeline leakages 20) Water transport accidents 21) Flooding 22) Negligence such as the failure mark equipment, leading to burns and cuts 23) Contamination of food 24) Mercury poisoning and resulting health complications 25) Hearing loss to humans and marine life 26) Climate change due to burning of fossils which produce black carbon 27) General feeling of malaise 28) Cancer 29) Radiation 30) Attacks by marine life Scale 1-10 Risk sustained 1 Trips, slips and falls 2 Oil spills 3 Structural and infrastructural collapse 4 Explosions and fire outbreaks 5 Natural forces such as hurricane, strong winds 6 Long-term cumulative impacts 7 Negligence such as failure to label equipment, leading to burns and cuts 8 Unsupportive environmental conditions 9 Poisoning 10 Hearing impairment Trips, Slips and fall Like all other industries, offshore drilling is also characterized with slips, trips and falls. The concomitance between trips, slips and falls and offshore drilling is underpinned by the fact that oil rigs and mining site surfaces are always covered with oil. These forms of accidents are so common among offshore drillers that they have been established to occur on any surface- littered decks, rough dried-up, slimy or smooth surfaces included. Loose hatch covers and other objects which protrude into a walkway may also occasion trips, slips and falls. Schermerhon (2011, 45) points out that some of the measures that have been put in place to ensure abatement of slips, trips and falls include the designing, recommendation and subscribing to proper shoe wear. Proper shoe wear includes thick and tough leather boots which are complemented with rubber soles. Rubber soles have firm grips, since mostly, slips are brought about by a very low coefficient of friction. Likewise, the heavy duty nature of these boots succour offshore drillers from being injured when they dash their feet against metallic or concrete erections. Another step that has been used to abate slips, trips and falls is raising awareness on the same, and emphasising the importance of education on safety precautions such as neatness, proper outlaying of the work environment, proper dressing, and erection of warning signs. Another risk that accompanies offshore ...Download file to see next pagesRead More
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