![]() ![]() The program then automatically creates the relevant scenarios. Isolation valves and possible breaches along the pipeline are defined once and replicated. The new risk model in DNV GL’s Phast and Safeti 7.2 QRA software includes the ability to draw a pipeline on a map, making it easy to set up and define. ![]() In some cases, the time to model and run a pipeline analysis can take as little as a few minutes. With better knowledge, you make better decisions.” “Not only is it quicker, the results are more detailed, giving better understanding of the risks of the pipeline. “Setup and analysis time is significantly reduced, freeing up time to interpret results or execute more projects,” he says. “With Phast and Safeti, conducting a pipeline QRA has never been quicker,” says Kenny Shaba, risk and reliability product manager, Software, DNV GL. Complex scenarios are modelled and analysed, a process which can be time intensive. In order to identify the most effective mitigation measures that can reduce risk of accidents in oil and gas pipelines, operators regularly perform quantitative risk analysis, QRA. Just in the United States there have been over a hundred accidents in the past 20 years, and each one represents losses of up to millions of dollars. Pipeline accidents often result in significant losses. DNV GL’s new release of Phast and Safeti hazard and risk assessment software cuts calculation times to a fraction with a completely new pipeline risk model, enabling more efficient, speedy and cost-saving analysis. Running a quantitative risk analysis (QRA) of a pipeline has always been resource and time intensive. ![]()
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