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Risk Engineering Paper: Process Hazard Analysis (PHA)

Major accidents on energy sites have the potential to result in hundreds of millions of dollars of physical damage, present a danger to employees and the local population, and can lead to significant business interruption.

Marsh’s risk engineering position paper looks at the steps that can be taken to minimise the risk of a serious incident. Many of the PHA techniques discussed in this paper are considered to be well established within the industry, and have been standardised with templates developed for their execution in many organisations.

For more information on techniques and examples of best practice, download the report.

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