Risk Management and Mitigation in Offshore Engineering Projects: A Case Study Of Fixed Offshore Platforms In Malaysia
DOI:
https://doi.org/10.1001/2e3ha962Keywords:
Risk management, offshore engineering, framework development, Malaysia, ISO 31000, API RP75, DNVAbstract
The offshore oil and gas sector faces complex technical, operational, and environmental risks that require robust and context-specific management strategies. Although international standards such as ISO 31000, API RP 75, and DNV recommended practices offer comprehensive guidance, their direct adoption in Malaysia often overlooks local regulatory, environmental, and organizational realities. This study develops and conceptually validates a Risk Management and Mitigation Framework tailored to Malaysian offshore engineering projects, focusing on fixed offshore platforms. Using a quantitative survey of management and operational personnel, supported by thematic analysis, six framework layers were identified: Risk Identification, Risk Analysis, Risk Control, Monitoring, Review and Improvement, and Training and Culture. The framework was refined through expert review and aligned with international standards to ensure contextual relevance and feasibility. The results highlight perception gaps between management and operational groups, limitations in framework review frequency, and underutilisation of digital tools. The proposed framework integrates feedback loops and human-centred safety culture to bridge policy and practice. This research contributes both practical guidance for industry practitioners and a scholarly foundation for strengthening offshore risk governance in Malaysia.
References
International Energy Agency (IEA), Malaysia Energy
Outlook 2023, Paris: IEA Publications, 2023.
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