There are so many parameters and each case is so different.
Which type of compressor ? This is not indicated.
In a centrifugal compressor and in absence of back up seal gas in case of trip, well you should blow down fast enough to not damage the shaft seals for instance, while if you need to start up in partial pressure condition to help your driver, well this is a different story.
In case you have a loss of containment (failure of sealing or whatsoever), you may need to depressurize but what about the gas: is it flammable, toxic etc ?
Do you blow off the gas to atmosphere, do you route the gas to flare, do you vent to safe location ?
Do you expect to receive a definitive answer to this question, really ?