Downstream assets tend to be fraught with risk. Offshore markets, including Bermuda and Europe, are becoming an increasing presence as brokers push to differentiate their clients’ risk profiles. Clients say Aon’s Rene Van Winden meets these challenges with savvy and skill. Examine your company’s cash flow needs and managing downstream and upstream risks. Even the strongest, most sophisticated contractor has probably taken a lump or two over the past year as a The upstream oil and gas segment of the oil field is both capital intensive and high risk. It is important for participants to have sophisticated and comprehensive risk allocation schemes in place. For most, this starts with the standard Joint Operating Agreement, or JOA. Oil & gas Oil and gas companies - whether upstream, mid-stream, or downstream - are facing a range of major challenges. The complexity of global oil markets, changing geopolitical factors, the impact of unconventional resources, and the desire to be seen as a solution in the energy transition are just a few of the broad concerns impacting the sector. Usually, project risks management for oil and gas industry will be centered towards upstream activities, if wrong decisions were made it might cause losses of trillion or billion or millions of USD. Drawing on case studies from around the world, the training course addresses some of the more complex risks associated with the oil and gas industry in a range of environments and examines the risks in Upstream-to-Downstream operations. Delivered by trainers with extensive operational security
Downstream Fuels Marketing Downstream Oil & Gas Insights Investor Association, this interactive map defines the top global risks for infrastructure today.
29 Nov 2013 Oil and gas have direct influence on every other commodity in the market. Therefore it is critical to identify risk and solutions through 18 Jan 2017 There are a lot of oil and gas pipelines have been in service for more than two decades in China, which means a big security risk. Pipeline leak is This Environmental and Social Risk Briefing covers the oil and gas industry from The downstream industry involves the production (including refining), Since 2009, McKinsey has served 90 percent of the global top 20 oil and gas companies in more than 550 projects on downstream strategy and operations. 10 Dec 2018 Fuel supply chains are more complex than ever, and the risks to quality for downstream oil and gas companies diverse and serious. Through 9 Jan 2020 Stranded asset risk is a significant concern for shareholders as the future energy Where energy demand is growing rapidly, oil and gas companies can downstream opportunities around electrification and energy services, 9 Sep 2015 Differences between Upstream, Midstream & Downstream in Oil & Gas It is truly a high risk, high reward situation. The oil & gas industry is always looking for hardworking, skilled workers in all fields to keep up with these
We later drilled down into the upstream industry in Protecting the connected barrels: Cybersecurity for upstream oil and gas, 3 identifying key risks that explorers, drillers, and producers face. This article focuses on the challenges facing the downstream industry across a number of businesses, including supply and trading, refining, distribution, and retail.
management in the downstream oil and gas sector. By Stephen B. Harrison For risk mitigation, insurance or legal reasons, it might also be prudent, or required the reader an overview of the entire oil and gas industry, while still preserving enough I have had many requests that downstream processes be included, and pipeline that may either restrict the flow of gas, or pose a potential safety risk Oil and gas sector comprises of two sectors: Upstream (concerned with the exploration and production sector of the industry) and; Downstream, this sector involves refining the crude oil and/or the pose risks to coastal marine ecosystem. See how our technical experts use their 40-plus years of Oil, Gas & Chemical safe, profitable operation within the upstream, midstream and downstream sectors. ABS Group co-wrote the Guidelines for Risk Based Process Safety with the The Downstream industry comprises Oil & Gas operations that take place after have enforced clients to adopt a robust risk management policy for OT (PLCs, the unique exposures of the oil and gas sector, and designing price competitive insurance placements for midstream and downstream energy risks.
Midstream, downstream and integrated projects. Typical equity structures. What is a midstream oil and gas project? Specific risks in financing a midstream
Managing Downstream And Upstream Risks. Examine your company’s cash flow needs and managing downstream and upstream risks. Even the strongest, most sophisticated contractor has probably taken a lump or two over the past year as a result of one of the worst stretches the construction industry has seen in decades. The security process in which the oil and gas operational sectors, namely, upstream, midstream, and downstream are secured with the help of stringent physical and network security measures to ensure operational efficiency and minimize losses associated with security breaches is carefully monitored by our specialists. IHS Oil and Gas Risk Service provides upstream investment risk analysis, including country and emerging risk forecasts and data, 130+ country/territory reports, and more. Customer Logins Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Downstream operations are oil and gas processes that take place after the production phase to the point of sale. Downstream operations can include refining crude oil and distributing its byproducts — such as gasoline, natural gas liquids, diesel and a variety of other energy sources — down to the retail level. To determine if risks are present, NIOSH wants to develop partnerships with the oil and gas extraction industry to identify, characterize and (if needed) control workplace chemical exposures.” The NIOSH Oil and Gas Extraction Safety and Health Program indicates exposures can be hazardous. I thank you for inviting me here today to speak on risk management in the offshore oil and gas industry. To provide some background, I have been practicing, teaching, and doing research in system safety engineering for over 30 years. Although I am a professor of aerospace engineering, I have experience in almost all industries […] To determine if risks are present, NIOSH wants to develop partnerships with the oil and gas extraction industry to identify, characterize and (if needed) control workplace chemical exposures.” The NIOSH Oil and Gas Extraction Safety and Health Program indicates exposures can be hazardous. “Exposures are episodic.
See how our technical experts use their 40-plus years of Oil, Gas & Chemical safe, profitable operation within the upstream, midstream and downstream sectors. ABS Group co-wrote the Guidelines for Risk Based Process Safety with the
9 Sep 2015 Differences between Upstream, Midstream & Downstream in Oil & Gas It is truly a high risk, high reward situation. The oil & gas industry is always looking for hardworking, skilled workers in all fields to keep up with these 26 Jul 2019 Drilling down into the upstream sector of the oil and gas industry and why it From there, oil and gas flow downstream, where the oil is refined into Exxon's diversification makes it a lower-risk way to invest in the oil sector. From the dramatic decline in oil prices to the need to drastically cut costs and mitigate risk, oil and gas companies have been facing major challenges — and all Reduce operating costs, mitigate risk, reduce failure and shutdown and enhance performance of your downstream operations. 12 Feb 2019 A detailed overview of Oil & Gas industry. Read more about the 3 main sectors ( Downstream, Midstream and Upstream) as well as the Does the recovery in oil markets have legs, or are emerging risks coming into play? Upstream, midstream and downstream projects all face unique challenges. you through the challenging waters of regulation, availability, reliability and risk. Wet gas and multiphase flow testing; Training and workshops for the oil & gas