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18Nov2013

Managing Overall Operational Risk is the Key to Improving Safety and Asset Integrity says Petrotechnics at Leading Gas Processors Event.

Aberdeen, 18 November 2013 – Organizations in Hazardous and Process Industries are continuously seeking more efficient ways of managing their Asset Integrity to ensure the sustainability of their processing plants and equipment. Failure to effectively and proactively address these can have an escalating effect on the reputation of the company, increased operational and safety risks to assets, personnel and the environment. Compliance, regulations and production efficiency pressures only serve to add to these challenges and can have significant impact on their bottom line.

Having recognised these complexities across the industry and its appetite for more efficient ways of managing Asset Integrity, Petrotechnics is delivering a keynote presentation for Gas Processors Association Europe (GPA) in London on 21 November 2013.

The event theme, ‘Safety and Asset Integrity’ and Petrotechnics’ track record of delivering related Operational Risk Solutions over the last 12 years are an ideal fit. The presentation will highlight the importance of linking asset integrity risk (barrier impairments) with the current workload risk to achieve a holistic understanding of overall operational risk.

We will highlight how Process Safety professionals can use new technology to systematize how operational risk is dynamically captured, visualized and managed across plants. Traditionally, frontline operational risk is managed in silos with PSM focused personnel or engineering functions managing asset integrity risk and operations managing the risk associated with the intervention work occurring on the plant. Additionally, organizations often struggle to consistently and reliably capture the most appropriate data required to provide them with accurate risk profiles of the status of the plant and the overall risk of all of the work scheduled and its impact on asset integrity risk.

By providing a technology based intelligent, holistic integration of these disciplines; Petrotechnics empowers organizations to optimize how they consistently manage workload against operational risk according to their policies. With a common and improved view of operational risk in technology can help organizations make better decisions and move strongly towards operational excellence and improve the overall plant health, integrity, safety and efficiency in order to get more work done safely.

David Bleackley, VP of Sales for Petrotechnics, who will be delivering the presentation stated: “Having spoken with some of our key customers within the industry, as well as the reaction we’ve had from presenting at OTC Brasil and HSE India, we know the industry is facing one of its biggest challenges to improve their Process Safety and Asset Integrity efficiencies. Working with GPA Europe is a great opportunity to explore how process industries deepen its understanding of the holistic risk, and deploy better, easier tools to enable the whole workforce to proactively manage workload against risk. Technology is an enabler and thus provides the basis towards operational excellence and sustainability.”

For more info click here.