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Oil and Gas Processing Equipment - Risk Assessment with Bayesian Networks (Hardcover)
Loot Price: R3,052
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Oil and Gas Processing Equipment - Risk Assessment with Bayesian Networks (Hardcover)
Expected to ship within 12 - 17 working days
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Oil and gas industries apply several techniques for assessing and
mitigating the risks that are inherent in its operations. In this
context, the application of Bayesian Networks (BNs) to risk
assessment offers a different probabilistic version of causal
reasoning. Introducing probabilistic nature of hazards, conditional
probability and Bayesian thinking, it discusses how cause and
effect of process hazards can be modelled using BNs and development
of large BNs from basic building blocks. Focus is on development of
BNs for typical equipment in industry including accident case
studies and its usage along with other conventional risk assessment
methods. Aimed at professionals in oil and gas industry, safety
engineering, risk assessment, this book Brings together basics of
Bayesian theory, Bayesian Networks and applications of the same to
process safety hazards and risk assessment in the oil and gas
industry Presents sequence of steps for setting up the model,
populating the model with data and simulating the model for
practical cases in a systematic manner Includes a comprehensive
list on sources of failure data and tips on modelling and
simulation of large and complex networks Presents modelling and
simulation of loss of containment of actual equipment in oil and
gas industry such as Separator, Storage tanks, Pipeline, Compressor
and risk assessments Discusses case studies to demonstrate the
practicability of use of Bayesian Network in routine risk
assessments
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