Balance Consulting, Inc. (BCI)

Risk Management Services

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Risk Management services range from the traditional assessment of risk for industrial complexes.  We also assist with operational issues with upstream, mid-stream and downstream O&G facilities. We work closely with both operators and their consultants and contractors to identify, assess and reduce risk and thereby maximize competitive advantage.

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Our ability to evaluate the combined impacts of risk on business from a safety, environmental, health, social, reputational and security perspective differentiates us from other providers.  BCI’s integrated Risk Management Practice addresses equipment, management systems, safety culture and emergency responses, providing added value and enabling us to support clients in the development of effective SHE Cases for their operations. We deliver the full suite of engineering safety studies on new development projects, including Formal Safety Assessments, all the way to detailed Process Safety reviews of high risk sites and liability costings for clients considering major transactions.

What we do:

  • Project risk and safety support, including decision support
  • Quantitative Risk Assessments (QRA)
  • HAZID, HAZOP, FMEA Reviews
  • Drilling/SIMOPs Risk Assessment
  • Process Safety Management
  • Offshore Safety Cases, HSE Cases, COMAH
  • HSE Impact Assessments (HSEIAs)
  • Safety Critical Elements Identification and Performance Standards
  • Emergency Response Assessments and Planning
  • Reliability, Availability, and Maintainability (RAM) Studies
  • Corporate Risk Profiling
  • Enterprise Risk Management
  • Conceptual and Numeric Fate & Transport Modeling
  • Human Health and Ecological Risk Assessments