TEC2O

TEC2O

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The likelihood of leaks from process equipment is a key input to any Quantitative Risk Assessment. This work focuses on the development of a methodology for the evaluation of expected release frequencies specific for the facilities of the O&G upstream sector. The methodology aims at determining modification factors able to dynamically update the frequency values in order to support dynamic risk assessment studies. The method (namely TEC2O – Frequency modification methodology based on TEChnical Operational and Organizational factors) is implemented on a MS Excel tool.
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