Petrotechnics Provides the Key to Improved Operational Performance Through Integrated Operational Risk Management at Leading CCPS Event

HOUSTON, August 6, 2013 /PRNewswire/ --

Petrotechnics, the global leader in transforming frontline operational performance and lowering operational risk will present on the key to improving operational performance through integrated operational risk management at the 5^th CCPS Latin America Conference on Process Safety on 13 August in Cartagena, Colombia.  

Petrotechnics' US President, Mike Neill, will present on the need for a holistic understanding of operational risk based on linking asset integrity risk (barrier impairments) with the current workload risk. With a more joined up view of current operational risk, organizations can dynamically move to their front foot and proactively manage to a more optimized and less risky performance. Neill 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 cumulative risk of all of the work scheduled to take place during a defined period of time.

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 view of operational risk in space, time and an understanding of what is driving risk, 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.

"Major accidents such as Macondo have exposed flaws in systems and processes we have worked hard to build over the past 20 years. We need to build better and more intelligent approaches and processes addressing how we manage risk if we're to sustainably meet increasing production demands," said Neill. "Petrotechnics has provided related solutions over the past 12 years, recognising the major issues and market demands, and I believe we can help organisations streamline their processes and provide the tools to proactively manage overall operational risk of workload within the proximity of asset integrity and barrier management. With real-time visibility and powerful tools, the workforce can proactively lower operational risk without impacting production and prevent any major accidents," continued Neill.

Louisa Nara, Technical Director at the Center of Chemical Process Safety added, "Identifying, evaluating and managing hazards and risks are core components of process safety. Since becoming a member of CCPS, Petrotechnics has been actively involved in our conferences by presenting papers and participating in technical sessions to further the understanding of these subjects." 

http://www.petrotechnics.com

About Petrotechnics

Petrotechnics was founded with a vision to keep more people safe in hazardous industries. Our award-winning solutions have been helping customers transform their frontline operations for over the past 15 years.

Petrotechnics as an organization knows first-hand the challenges your organization faces. We have been helping companies improve their production efficiency and lower operational risk for almost 15 years. Our software systems have served as the cornerstone for more than 22 companies across 385 sites on 6 continents and more than 50,000 users to optimize how they manage workload against risk according to policy.

Our customers see tangible hard ROI in the form of fewer unplanned shutdowns, faster turnarounds, reduced maintenance backlog, reduction in permit & contractor wait time and of course improved management of operational risk. Our background, track record and passion about keeping people safe can help you be more successful whether it's a single plant or a global implementation.

Petrotechnics is based in Aberdeen, UK and offices in Houston, Saudi Arabia, and Singapore. http://www.petrotechnics.com