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Finished The Difference Between Process Safety Time and SIF Response Time Discover the key disparities between Process Safety Time and SIF Response Time in our insightful webinar. Gain a comprehensive understanding of these crucial concepts and learn how they influence industrial safety measures. WATCH REPLAY Link to the presentation: https://bit.ly/3XqEuXL Process safety is of paramount importance in industries where hazardous materials and operations are involved, and having a clear understanding of these concepts is essential for maintaining a safe and reliable operating environment. During this video, Neill Renton, a seasoned expert and the UK Country Manager at ORS Consulting, will guide you through an in-depth exploration of the differences between Process Safety Time and SIF Response Time. Neill brings a wealth of experience in process safety, having worked with numerous organizations across various sectors.

LOCATIONS ORS Consulting i Sverige ORS Consulting (ORS) grundades 2009 som en oberoende och specialiserad leverantör av rådgivningstjänster och utbildning inom industriell riskhantering och vi har idag kontor i Norge, Danmark och Sverige. Inom ORS arbetar våra konsulter som ett team i direkt kommunikation med varandra och med våra kunder som finns i hela världen. Vårt övergripande mål är att säkerställa att våra kunder undviker produktionsstörningar och uppnår förbättrat värdeskapande. ORS riskhanteringsexperter spelar en avgörande roll genom att identifiera och eliminera det ständigt ökande hot av komplexa faror som kan drabba våra kunders verksamheter. ORS verkar inom: ​ Teknisk riskhantering (Technical Safety and Risk Management) att identifiera faror, bedöma och hantera risker (t.ex. kvalitativa och kvantitativa riskanalyser, processäkerhet, ATEX, HAZID/HAZOP, EHAZOP/CHAZOP, SAFOP osv.). Systemtillförlitlighet (System Reliability and Availability) sannolikheten att en komponent, ett system eller en process fungerar korrekt inom en angiven period (SIL, FMEA, FMECA, RAM-analys, felträdsmodellering osv.). Integritetshantering (Barrier management) är ett system för riskövervakning och riskreducering som hjälper organisationer att upprätthålla högsta möjliga försiktighetsnivå mot integritetsintrång (implementering av barriärhanteringssystem, BowTie, grundorsaksanalys, riskbaserad inspektion osv.). Säkerhetsledningssystem (Safety and compliance) att hantera den tekniska risken för ett projekt eller en produktion i syfte att säkerställa lagefterlevnad, tillämpning av en robust färdplan för hälsa, miljö och säkerhet samt för att trygga en effektiv uppföljning av identifierade risker genom utbildning, systematiskt säkerhetsarbete, PSM-stöd, arbetstillstånd, säker avställning, mm. Processäkerhet och SIL (Process Safety and SIL) fokuserar på att förhindra utsläpp vid processanläggningar som kan leda till bränder, explosioner och/eller annan påverkan på människa, miljö och egendom (SIL-klassificering, LOPA, etc.). Vi letar alltid efter nya kompetenta medarbetare till något av våra kontor i Skandinavien. Hör gärna av dig via vår karriärsida ! Isabella Bergström Department Manager, ORS Stockholm Katarina Linde Country Manager, ORS Sweden MALMÖ, SWEDEN Katarina Linde +46 73 62 53 705 kal@ors-consulting.com ​ Södergatan 14, 211 34 Malmö, Sweden COMPANY REG NO. 559330-0949 STOCKHOLM, SWEDEN Isabella Bergström ibe@ors-consulting.com ​ Gävlegatan 12B, 113 30 Stockholm, Sweden COMPANY REG NO. 559330-0949 GOTHENBURG, SWEDEN Katarina Linde +46 73 62 53 705 kal@ors-consulting.com ​ Läraregatan 3, 14, 411 33 Göteborg, Sweden COMPANY REG NO. 559330-0949 FIND OUT HOW WE CAN WORK TOGETHER CONTACT US

SECTORS Green Transition ORS works with leading suppliers of decarbonization technology, engineering companies and asset owners for improved safety and production performance in green transition projects. The green transition projects do all promote a shift towards a sustainable economy that is not based on fossil fuels and overconsumption of natural resources. Some examples of project engagements Client: Leading Engineering and Operator Companies in Norway Project: Process Safety and Technical Safety Support for Carbon Capture and Subsea Injection Project Client: Multiple Oil and Gas Operator Companies in Norway Project: Technical Safety and Functional Safety Support & 3rd party independent assessments for Offshore Electrification Projects Client: Engineering and Technology Company, Norway Project: Technical Safety and Process Safety Support for Land-based Carbon Capture and Storage (CCS) facility. Client: Technology & System Supplier, Norway Project: Technical Safety and Functional Safety Support for a Leading Hydrogen Production System Supplier Client: Engineering Company & Utility Company, Denmark Project: Technical Safety, Process Safety and Functional Safety Support for large green fuels production facilities in Denmark Client: Multinational Engineering Company, Norway Project: Technical Risk and Safety Assessments for offshore green hydrogen & ammonia production on a floating unit offshore (Asia) Client: Scandinavian Engineering and Technology Supplier Project: Technical Risk and Safety Assessments for new bio-LNG terminal in Germany Client: A Danish partnership of industry leaders, Denmark Project: Process Safety, HAZOP and SIL Assessments for commercial green ammonia plant available commercial tools: PHAST PHA-PRO Miriam RAM Bow-tie XP Aspen HYSYS Flaresim Symmetry Process Simulation CARA Fault Tree available NON-commercial tools: Onshore QRA Software for Risk Integration (ISO curves / F-N curves) Offshore QRA Software Consequence Modelling Hazardous Area Classification (ORS-HAC) Thermodynamic/Process Studies ​ ORS also has access to an extensive in-house data collection in addition to subscriptions to recognized national/international data sources. Find Out How We Can Work Together CONTACT US

LOCATIONS ORS CONSULTING IN DENMARK ORS Consulting is one of the leading industry risk management advisories in Scandinavia. We have supported our Clients in Denmark since the company was founded in 2009. In more than 12 years, we have expanded our client portfolio and support to multiple industries in Denmark including oil and gas, renewables, chemicals as well as pharmaceuticals industries. ​ Some examples of the ORS projects in Denmark in the recent past: Continuous support for the Danish oil and gas industry covering both onshore- and offshore-related assignments within a broad range of industrial risk advisory. Some examples cover HAZOPs, HAZIDs, Functional Safety, SIL, Reliability Assessments, RAM assessments, qualitative- and quantitative risk assessments, etc. Collaborating with leading companies in Denmark within the offshore wind sector for the delivery of local- and global offshore wind power projects. ORS scope typically covers technical safety-, RAM assessments, functional safety, and SIL assessments. Conducting qualitative and quantitative technical risk & safety studies for a broad range of onshore Clients covering from public institutions to data centers. Provision of training and competence development services for asset operations covering offshore- and onshore personnel ​ Our office in Denmark is located in Esbjerg. ORS plans to grow as an independent risk management advisory in Denmark based on long-term relations and sustainable business principles. We are always looking for talented professionals for our team and office in Denmark. Get in touch via our career page . Carst en Stegelmann Country Manager, ORS Denmark ESBJERG, DENMARK Carsten Stegelmann +45 40 40 62 78 cts@ors-consulting.com Borgergade 66 ST TH, 6700 Esbjerg, Denmark COMPANY REG NO. 41765690 FIND OUT HOW WE CAN WORK TOGETHER CONTACT US

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ORS SERVICES Industrial Risk and Safety Solutions to Improve Asset Performance Up ORS Consulting supports asset owners, engineering contractors, system and equipment suppliers with industrial risk and safety services. We support our clients to avoid accidents, and to enhance availability and production. ​ Our heritage comes from the petrochemical industry. Today, we support a variety of industries including oil and gas, renewables, chemical industries, manufacturing and fish farming. ORS delivers services in all asset lifecycle phases, including concept selection, front end engineering, detailed design / realization phase, operational phase as well as decommissioning. Tailored Support for Your Project Needs concept selection front end engineering detailed design/ realization phase operational phase decommissioning Tailored Support for Your Project Needs Third-party studies We allocate the best team to solve the challenge. It can be a specific problem that needs to be solved or a third-party verification activity. We have extensive experience with a broad range of methods, tools and industry practice, to ensure efficient and successful project execution. Integrated advisory We support clients working as an integral part of the client organization. With this set-up, a team from ORS supports can take ownership for parts- or the entire risk and safety scope for a project development, or asset, using our own project delivery model, tools and quality management system. Contracting ORS has multiple specialists that can support a client organization. Our resources are available part-time, full-time or on demand. Training We provide training courses across all our service areas. Combining extensive experience and industry know-how, our specialists can provide fit-for-purpose training courses for any level at a client’s organisation. services Technical risk management is the set of activities to identify hazards and assess and manage risks to an acceptable level. Technical Safety and Risk Management LEARN MORE Button Process Safety ensures the protection and resilience of the process design against failures. Functional safety covers instrumented safety systems, and ORS supports all phases of functional safety management. Process Safety and SIL LEARN MORE Button A reliable system is one that will function appropriately with a minimum need for maintenance or repair. We support projects and operating assets with uptime and availability assessments. System Reliability and Availability LEARN MORE Button Barrier Management is crucial for preventing accidents and risks throughout an asset's lifecycle. We specialize in these areas, offering services like barrier strategy development, bow-tie analysis, risk-based maintenance, etc. Barrier Management LEARN MORE Button Safety management is vital for all projects and assets. ORS offers expertise from concept to operation, helping you navigate complex regulations and technical risk management. Safety and Compliance LEARN MORE Button Chemical & Process Engineering involves the design, optimisation and operation of industrial scale processes for the safe manufacture of useful products and materials. Chemical & Process Engineering LEARN MORE Button Find Out How We Can Work Together CONTACT US

LOCATIONS ORS Consulting in Norway ORS Consulting is one of the leading advisories within industrial risk management in Norway. Since 2009, we have supported clients in the oil and gas, and land-based industry, as well as in renewables, defense, and transportation sectors. We have extensive experience with relevant regulations from government agencies such as Petroleum Safety Authority (PTIL), the Norwegian Directorate for Civil Protection (DSB) and the Norwegian Maritime Authority (Sjøfartsdirektoratet). ​ Some examples of the ORS Consulting contribution to the Norwegian industry during the last decade:​​ Supporting both operators and engineering companies with integrated risk advisory for major field developments on the Norwegian Continental Shelf; ​ Assisted new industrial establishments with implementing a risk management framework according to governing regulations such as Major Accident Regulation (Storulykkesforskriften); ​ Conducted numerous risk analyses, including process-related reviews (e.g. HAZOPs), uptime/availability, RAM studies, barrier management activities, SIL/Functional safety studies and consequence modelling. We opened our first office at Fornebu/Oslo in 2012. In 2016, we opened our second office at Jåttåvågen/Stavanger. In 2022, the Oslo office has relocated to the new office at Lysaker/Oslo. We are always looking for talented professionals for our team and offices in Scandinavia. Get in touch via our career page . Morten Nilstad Pettersen Managing Director, ORS Rikard Davidsen Department Manager, ORS Stavanger Per Ståle Larsen Country Manager, ORS Norway Gulay Basova Department Manager, ORS Oslo NORWAY Morten Pettersen | Managing Director ( General Inquiries ) +47 97 73 17 80 mnp@ors-consulting.com Per Ståle Larsen | Country Manager +47 990 28 688 psl@ors-consulting.com Lilleakerveien 4A, 0283 Oslo, Norway COMPANY REG NO. 911738414 OSLO, NORWAY Gulay Basova +47 46 82 56 32 gba@ors-consulting.com Lilleakerveien 4A, 0283 Oslo, Norway COMPANY REG NO. 911738414 STAVANGER, NORWAY Rikard Davidsen rda@ors-consulting.com +47 91710199 Jåttåvågveien 7 4020 Stavanger, Norway COMPANY REG NO. 911738414 FIND OUT HOW WE CAN WORK TOGETHER CONTACT US

SECTORS AQUACULTURE Aquaculture, also called fish farming or mariculture refers to the controlled farming of fishes and cultivation of other aquatic organisms. ORS has a strong track record in supporting offshore, inshore and land-based aquaculture concepts, with strong subject matter expertise and fit-for-purpose tools. ORS has provided highly specialized risk-, safety- and reliability services to some of the most complex- and advanced aquaculture projects in the world. How do We add Value? ORS is a trusted advisor to its clients, helping them, to make robust decisions. In-depth knowledge of the regulatory framework in combination with broad risk management expertise enable ORS to help our clients realize Aquaculture opportunities outside the realm of conventional fish farming. Some of the services that we can provide to add value to your projects include: Technical safety and risk management support towards novel fish farming concepts, involving new risks in a more complex context. Process safety to improve fish welfare and reduce fish mortality. Land-based fish farms developed as Recirculated Aquaculture Systems (RAS) requires focus on process safety through project execution and operational phase, as process upsets in water treatment systems can quickly escalate to fish mortality. System reliability and availability studies providing necessary decision support for concepts with increased system criticality or reduced financial margins. Barrier management studies for key hazards to identify weaknesses in design or operation and demonstrate a robust barrier set-up towards regulatory bodies and other stakeholders. Anchor 1 Some example projects Client: Leading producer of Farmed Salmon, Norway Project: HAZOP for onshore hatchery and postsmolt facility ​ Client: Multinational Engineering Company, Norway Project: Establishing risk-based decision support towards concept selection for complex fish farming concept Our Services and Tools A non-exhaustive list of services ORS provides includes: Process safety, including Hazard and Operability (HAZOP), focusing on fish mortality and welfare Layers of Protection Analysis to define performance requirements for critical barriers Fish escape risk assessments. Barrier management assessments, including bowtie analysis and barrier strategies. Hazard identification (HAZID) studies. Technical safety services, including specific services such as material handling review Reliability, availability, and criticality studies. ORS has all the necessary tools to deliver specialist advisory services for the aquaculture sector commensurate with the context and client requirements, including BowTie XP and Miriam RAM Studio. Find Out How We Can Work Together CONTACT US

SERVICES ​System Reliability and Availability Up Anchor 1 Reliability is a staple in most businesses. It is the probability that a component, part, system, or process performs correctly within a specified period. A reliable system is one that will function appropriately with a minimum need for maintenance or repair Most systems in facilities constitute interconnected components, with each component playing its role and helping to achieve a performance level. A system reliability assessment allows businesses to identify weaknesses of these components and quantify the impact of their failures on the overall system or process. ORS is a leading system reliability solutions provider. We are helping businesses and facilities with a wide range of services, including uptime and availability assessments, Fault Tree Modelling, among others. ​System Reliability and Availability Related Studies FMEA/FMECA FMEA (Failure Modes and Effect Analysis) and FMECA (Failure Modes Effects and Critical Analysis) are methodologies used to determine potential failure modes in a system and provide corrective measures for each failure mode. FMECA is similar to FMEA with regard to risk assessment and failure analysis. However, in addition to FMEA functionalities, FMECA ranks failure modes in order of severity. RAM Analysis RAM analysis is a method to define the production capacity and availability of a system to keep producing. This analysis involves a mapping of the different failure modes, frequencies, consequences, and their effect on production. RAM Analysis helps to reduce costs, debottleneck and provide input to spare parts and maintenance planning. Learn more > Production Assurance Production assurance describes the certainty of a facility achieving its production goals and meeting its intended end-results. End results may be customer expectations, the safety of a production process, or reduced production costs. Production assurance is particularly important within systems associated with oil and gas exploration and is introduced in ISO 20815:2008 standard. Fault Tree Modeling Fault Tree Modeling is a methodology used for conducting reliability analyses of complex systems. It involves creating a logical representation to model chains or pathways that can lead to failure or an undesirable loss event. It helps to keep systems safe and in desirable operating conditions. System Safety System safety is a risk management methodology that involves the identification and analysis of different hazards in a system, process, or facility. It also involves the provision of measures to eliminate or mitigate the effect of these risks. Among others, system safety is widely applied in the defence industry. Find Out How We Can Work Together CONTACT US ​Latest Insights What is a Procedure HAZOP? Process Hazard Analysis (PHA). Overview of available techniques and when to apply them How Process Safety can Improve Fish Welfare MORE INSIGHTS

SERVICES Safety and Compliance Up Anchor 1 Safety Management a fundamental activity for all projects and asset operations. Regardless of industries, a project needs to fulfil technical risk related requirements from local and regional authorities, international standards and end clients. Navigating the complexity of regulatory compliance requires both experience and a specific skillset in safety management. ORS frequently supports projects, from early concept to, and including, operational phase with safety management. This includes activities such as: Establish the regulatory framework that defines all relevant legal and contractual requirements;​​ Prepare a HSE road map for a project or throughout asset lifecycles;​ ​Follow-up and manage technical risk management activities. This includes liaison with various stakeholders and contractors, follow-up of third-party studies, ensuring involvement from all relevant disciplines, and ensuring continuity in the risk management activities. Safety and Compliance Related Studies Project Risk Assessment ​ Project risk assessment is a hands-on application of risk management to ensure that a project is meeting its targets in terms of cost, schedule and HSE. It includes identification of project risks, continuous monitoring and adjustments, as well as identification of measures to control the risk. Project risk assessment allows businesses to make the best choice from the available options needed to achieve a project’s objective. Risk-based interface management ​ Risk-based interface management involves defining, controlling, and communicating information needed to make unrelated services, processes, or equipment co-function. Risk-based interface management assesses and mitigates the possible risks when working with contractors, subcontractors, and clients. Operational Readiness Review An Operational Readiness Review (ORR) is a thorough, proof-based appraisal of the project state before entering operation. ORRs are undertaken to ensure that all activities during engineering process are completed, all critical systems been tested and validated and confirm correct handover to operations. The ORR is a final validation to ensure a safe transition to operational phase for project deliverables. Cybersecurity risk assessment Cybersecurity Risk Assessment serves as a pivotal section of the modern company. Modern companies tend to create operations on a technological platform and, as such, are exposed to the risk of hackers and loss of data. Cybersecurity risk assessment is performed to expose an organization’s vulnerabilities to such attacks and provide solutions. Regulatory Compliance In all industries, all businesses needs to comply with regulations from local and regional authorities, industry standards and requirements from end clients within the area of safety and HSEQ. Regulatory compliance is a continuous activity ensuring that relevant requirements are identified, and that the correct decisions are made to avoid delays, business interruptions or accelerated costs. HSE Road Map The HSE Road Map is an activity and document prepared in the initial phase of a project to ensure that the regulatory requirements are identified and that the technical risk management activities are planned to ensure efficient project execution and compliance with HSE-related requirements. Safety Strategy The Safety Strategy is a cornerstone of safety design in a project, and is comparable with a technical design basis of a project. The safety strategy links hazard identification, risk analyses, safety studies, and the technical safety design, demonstrating that adequate safety barriers are in place. Find Out How We Can Work Together CONTACT US ​Latest Insights What is a Procedure HAZOP? Process Hazard Analysis (PHA). Overview of available techniques and when to apply them How Process Safety can Improve Fish Welfare MORE INSIGHTS

SERVICES Chemical & Process Up Anchor 1 Chemical & Process Engineering involves the design, optimisation and operation of industrial scale processes for the safe manufacture of useful products and materials. From onshore chemicals production to offshore oil and gas, Chemical and Process engineers are at the heart of an organisations technical capability for delivery of business, safety and environmental performance. ORS have an expert chemical and process engineering team supported by a range of state of the art software tools and techniques to help our clients get the most from their assets. This includes activities are studies such as: ​ Development of process schemes and improvements to maximise production and ensure safe operation. Creation and management of Digital Twins, Shadows and Models using live plant data where available. Dynamic simulation of new or existing plants to improve performance and explore equipment, set-point and other design changes. Software: Aspen HYSYS; SLB Symmetry, Flaresim, PHAST, CFD & FEA (ANSYS) Chemical & Process Related Studies Heat & Mass Balance Development Development of process heat and mass balance through equipment selection and optimisation to maximise production and minimise energy requirements. Arange of process simulation software is available to complete this including Aspen HYSYS and SLB Symmetry. Equipment Optimisation Individual unit operation assessments completed to help improve performance and ensure business demands are being met. This can range from traditional vessel, valve and pump sizing/costing through to more advanced analysis to study local heat, mass, and momentum effects using CFD & FEA. Digital Twins Development of digital models which reflect the as-built condition of chemical and process plants to identify performance and profit improvements. These can be developed into Digital Shadows and Twins with the capability of updating set-points through DCS to realise improvements and business performance. Flare, Venting, Relief, & Blowdown System Performance Safe disposal of fluids in an emergency situation is an essential part of any process plant design. Hence flare systems are considered safety-critical. We use Flare System Analyzer and other industry-standard tools to ensure back-pressures, velocities, momentum, flare tip radiation, and low-temperature material design constraints are all met. Dynamic Process Simulation Dynamic simulation of a process plant behaviour to better understand the effects of failures and the ability of the design to safely address these failures. Overpressure Protection assessment Different combinations of instrumented and mechanical overpressure protection systems exist in all process plant designs. Vessel and piping design reviews, relief valve sizing and selection to the requirements of API 520/521/526, and reliability assessments of instrumented systems under IEC61511 are all necessary to ensure the system is suitably protected. Find Out How We Can Work Together CONTACT US ​Latest Insights What is a Procedure HAZOP? Process Hazard Analysis (PHA). Overview of available techniques and when to apply them How Process Safety can Improve Fish Welfare MORE INSIGHTS