BMT has undertaken the first ever Quantitative Risk Assessment (QRA) based on the new Singapore QRA Guidelines.
The client, a Dutch oil storage major with a brown-field facility, commissioned BMT to carry out a risk assessment in accordance to both existing and new Singapore QRA Guidelines. It currently operates an existing petroleum, fuel and chemical storage terminal located on Pulau Sebarok, about 5-km away from the main island of Singapore.
The total storage capacity of the terminal is about 1,260,000 cubic metres which consists of 12 tank pits, 79 storage tanks, five pumping stations and nine jetties. The terminal operations include storage, blending, import and export of petroleum products and chemical blend-stocks.
We were appointed to prepare the layout of two jetties at its Petroleum Storage Terminal at Banyan Basin, Singapore.
The customer sought out our specialists to identify the risks, uncertainties and the potential cost/liability exposure of a bulk chemical storage terminal in the Philippines - as well as the costs of the associated mitigations.
Singapore's JTC Corporation, in collaboration with the Safety and Risk Management Safety Centre (SRMC) conducted a series of pilot Quantitative Risk Assessment studies to establish the applicability of the new QRA guidelines in the local context. BMT has been invited by JTC and SRMC to bid for the pilot study using new QRA guidelines on an existing manufacturing facility in Singapore.
We were invited by a global financing and development institution to conduct a cumulative risk assessment of its three major industrial facilities in Nansha, Pearl River Delta and to review its industrial hazard risk management system.