For an offshore platform, the following information is provided from a risk analysis: Blowout from a well is one of the main types of accidents that can occur. The frequency per year of a blowout is 0.0012. If a person is present on the platform, the average probability of being killed is 0.25, given that a blowout occurs. An average person spends 2920 hours per year (out of total of 8760 hours per year) on the platform. On average, there are 150 persons on the platform at any time. (a) Calculate LSIR due to blowout for the offshore installation. (b) Calculate AIR due to blowout for an average person. (c) Calculate FAR due to blowout for an average person. Assume that exposure time is equal to the time a person spends on the platform. (d) Calculate PLL per year due to blowout for the offshore installation
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