RiskManagement–GlobalApproach,LocalSolutions.docVIP

Risk Management – Global Approach, Local Solutions Rodney Azevedo Chevron Oronite Company Maua, Sao Paulo Brazil AZEV@ Neuza Ferreira Chevron Oronite Company Maua, Sao Paulo Brazil NeuzaFerreira@ Anne O’Neal Chevron Oronite Company San Ramon, California AnneONeal@ ABSTRACT Systematically and consistently identifying risks is the critical first step in managing Process Safety. In designing a new processing facility, or managing risk in an existing facility, ranking of the relative risks allows companies to focus their resources on the changes which could have the biggest impact on reducing their overall risk. Chevron’s approach evaluates risks to safety, the environment and health. Relative prioritization of these risks within a plant, within a business segment or across the enterprise has provided a sound basis for Process Safety improvement. This paper will present an overview of this global approach, a comparison to Brazilian regulatory requirements and some examples of risk reduction in the specialty chemicals business. A more comprehensive description of the Chevron HES Risk Management approach was presented at the 2008 SPE International Conference on Health, Safety, and Environment in Oil and Gas Exploration and Production held in Nice, France, 15–17 April 2008. SPE 111769 Meeting the Challenge of Technology Advancement: Innovative Strategies for Health, Environment and Safety Risk Management J.M. Bruney and D.W. Jones, Chevron Energy Technology Company 1. GLOBAL APPROACH 1.1 Managing Risks in Our Daily Lives Each of us manages risk in every aspect of our daily lives. As we move from place to place as pedestrians, drivers or passengers we face the deadly hazard of a traffic accident. In many countries, today’s roads are markedly safer than the roads of yesteryear. As a society we manage this risk in fundamentally two ways: reduce the likelihood and reduce the potential consequences. We minimize the likelihood through a mix of