VAA meaning in oil and gas

Vulnerability Assessment & Analysis

1.Provide support to Operations Leadership to help identify and prioritise Defects for Elimination 2.Identify for each Hub, critical equipment/systems 3.Identify for each Hub, key vulnerabilities to deliver safe and reliable operations 4.Create for each Hub, a definitive inventory of what equipment/systems work effectively and which ones don’t. This includes what equipment/systems are NOT used or have NOT been commissioned. 5.Establish a prioritised defect list for subsequent Functional Reviews