Failure Mode Analysis - Probability Based Risk Assessment

Carbon Recycling International (CRI) develops, markets, and produces renewable methanol from industrial CO2 emissions. The company markets and distributes renewable methanol (RM, Vulcanol) in EU and Iceland. Vulcanol can be blended with gasoline in low level blends suitable for all gasoline powered cars. CRI is planning larger production at other sites in Iceland.

JOB SUMMARY: Preform operational risk assessment for chemical process plant. Reliability process of equipment upstream and downstream with incorporated safety trips and interlocks. Hazard analysis for different types of scenarios and application of corrective tools, suggest safety audits and training.

QUALIFICATIONS: At least a B.Sc. degree in Chemical, Industrial, Process or Mechanical Engineering

Professional skills: Practical problem solving, rigorous quantitative reasoning, creativity, quality drive and excellent communication and reporting abilities

Strong background in probability and statistics

General understanding of mechanical systems

Ability to self-check own work products

Compliance to CRI’s reviewing procedures and documentation control system

SKILLS: Ability to do independent fact finding and analysis

Excellent English writing skills

Good analytical skills

Excellent Excel and PowerPoint skills

Proven experience in financial modeling and writing reports

TASKS: Creating a task list and outlining the scope of the project

Writing memorandum(s) and a final report(s)

Gathering information and data

Design and calculations

Collaboration with engineering staff and other interns at the division

Weekly reporting

Bi-weekly presentations

DELIVERABLES: Reports and models accepted by supervisors