Charting a Solution Path through Emerging Offshore Oil Industry and Regulatory Imperatives
Mary Gorczynski 1100006B54 firstname.lastname@example.org | | Tags:  asset-management ibmontwitter idc software eam service-management ibmsoftware tivoli maximo oil-and-gas
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Today's blog comes from Terry Ray.
In light of the recent events in the Gulf of Mexico, an increased regulatory burden on Oil & Gas industry operations is on the horizon, in spite of the vast number of regulations that exist today.
Rick Nicholson, VP of IDC’s Energy Insight, recently blogged, “We expect to see broad federal and state regulatory and policy changes as the result of the oil spill that will significantly increase regulatory requirements related to health, safety, and environment (HSE) in the oil and gas industry. These changes are predicted to increase spending by oil and gas companies on a range of technologies including health, safety, and environment systems; enterprise asset management (EAM) systems; application and data integration; and advanced analytics.”
Next month, IBM is planning to host an executive briefing featuring keynotes by leaders of key trade associations and regulatory organizations, and a panel discussion by owner-operators. The briefing will explore:
• Key implications for the offshore oil industry,
• Regulatory corporate compliance and risk management to reduce human factors on critical safety and environmental processes, and
• An integrated Operations and Maintenance approach to business and operational process management.
Stay tuned for more information on this timely briefing.
Until next time…………