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Home > Posts > Operational Integrity Management at Statoil
April 18

Operational Integrity Management at Statoil

Keywords: Statoil, Risk Management, Operations Integrity Management, SAP, Oil & Gas, Process Safety, Health, Safety, Environmental.

Many industrial organizations face pressure to increase workplace and process safety, improve asset performance, and gain visibility into operational risks before incidents occur. Asset-intensive industries continue to suffer from unplanned downtime, failure to meet planned production rates, and too many safety and environmental incidents. Until they can manage and mitigate operational risks proactively, companies will continue to struggle to improve profitability due to continuing production interruptions, lost productivity, collateral brand damage, and loss of shareholder value.

For corporate officers, catastrophic events can now have life-altering consequences. COOs, accountable for operations, must sign documents that confirm compliance across all facilities. This drives them to seek multiple, effective risk-reduction strategies. At the same time, business leaders face unpredictable economic conditions, increasing competition, higher operational costs, supply chain concerns, and an aging asset infrastructure and workforce. These trends challenge COOs and safety officers to make their plants safer and more reliable by increasing visibility into and control over assets, processes, and people. The ultimate goal is to achieve safe, secure, and well-controlled operations to increase operational continuity and profitability.

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