In the oil and gas industry, Risk-Based Inspection (RBI) is a valuable approach for proactive maintenance and risk mitigation. This article explores the fundamentals of RBI, including its fundamentals, objectives, key elements, and procedures. Whether you are new to the…
In asset-intensive industries such as energy, petroleum, and chemicals, risk management has become increasingly important over the years. It happens because practical risk-based inspection helps companies evaluate the calculation of cost and risk to make informed decisions regarding their equipment…