Definition(s)
QRA
Quantitative Risk Analysis.
Source: ISO 17776:2016, Petroleum and natural gas industries — Offshore production installations — Major accident hazard management during the design of new installations, Second Edition, December 2016. Global Standards
Source: API Standard 2RD, Dynamic Risers for Floating Production Systems, Second Edition, September 2013. Global Standards
Source: 117 OLF, Norwegian Oil and Gas Association recommended guidelines for Well Integrity, No. 117, Revision No. 4, June 2011. Global Standards
Source: API RP 17A, Design and Operation of Subsea Production Systems—General Requirements and Recommendations, Fourth Edition, Reaffirmed 2011. Global Standards
Source: NOPSEMA Guidance Note: ALARP, N-04300-GN0166, Australia, Revision 4, December 2012. Regulatory Guidance
Source: NOPSEMA Guidance note: Risk Assessment, N-04300-GN0165, Australia, Revision 4, December 2012. Regulatory Guidance
Source: Verification of Lifting Appliances for the Oil and Gas Industry, DNV-OSS-308, October 2010, Det Norske Veritas AS, Global Standards
QRA
Quantitative Risk Assessment.
Source: ISO 16530-1:2017, Petroleum and natural gas industries — Well integrity – Part 1: Life cycle governance, First Edition, March 2017. Global Standards
Source: International Association of Drilling Contractors, Appendix 2 to Health, Safety and Environment Case Guidelines for Offshore Drilling Contractors, Issue 3.3.2, February 2010. IADC Guidelines
Quantitative Risk Assessment (QRA)
The evaluation of the extent of risk arising, with incorporation of calculations based upon the frequency and magnitude of hazardous events.
Source: International Association of Drilling Contractors, Appendix 2 to Health, Safety and Environment Case Guidelines for Offshore Drilling Contractors, Issue 3.3.2, February 2010. IADC Guidelines