Senior level executives from the National Oil Companies and their partners from around the world involved in risk management are converging in London for the 6th World NOC Risk Congress. Petrotechnics’ chief executive officer, Phil Murray will chair the Congress at London City’s Landmark Hotel on 21 – 22 June where senior risk management leaders will meet and discuss how new models in enterprise, operational, political, reputational, and contractual risk management can be applied to their operations.
The conference, part of the week-long World National Oil Companies Congress, provides executive level decision makers the opportunity to meet with each other, and to debate and understand what their peers and partners are doing to develop and improve upon risk management strategies and solutions. It provides an open forum and valuable debate centered on imperatives such as the creation of a risk awareness culture, the development of enterprise risk management programmes and steps that can be taken to better identify, prioritise, manage and monitor risk. As these issues are on-going challenges at the highest levels across the oil and gas industry, the conference provides an unparalleled line up of speakers from companies such as Statoil, CNOOC, Total, Petrobras, BP, ConocoPhillips and many others.
“With stakeholder expectations of operational performance in the oil and gas industry ever increasing, operational risk management is a board level challenge. There are many events that cover the challenges that the industry faces, but the World NOC Risk Congress in particular is unique because it focuses specifically on risk issues at every level - enterprise, operational, political, reputational and contractual”, said Phil Murray, chief executive officer of Petrotechnics.
In addition to chairing the conference, Mr. Murray will deliver a presentation at the event entitled, “Successfully Establishing Line of Sight on the Cumulative Risk of Your Frontline Day to Day Operations” on Thursday 21st June, where he will talk about how organisations can understand and develop new leading indicators of operational risk management in the riskiest part of your operations. He will also join senior representatives from Statoil, Chevron and Petrobras in a panel discussion on, “How can NOCs Realise the Potential of Arctic and Deepwater Oil Resources?” at the World National Oil Companies Congress on Wednesday 20th June.
“We believe we have a unique perspective on operational risk management to offer to the industry and specifically to NOC’s based on our experience over the past 12 years of pioneering, proving and successfully delivering technology solutions to oil and gas organisations helping improve their operations and safety while reducing operational risk. The launch of our Operational Performance and Predictive Risk platform, Proscient, at the Offshore Technology Conference in Houston last month provides senior management with the ability to reduce risk, optimise performance, drive continuous improvement and move beyond compliance across their global frontline operations. For the first time, operational leaders can start to understand the relationship between performance and risk and proactively manage the organisation to a less risky and more optimised performance”, Murray added.