Oil & Gas

The oil and gas industry has long been at the forefront of safety and risk management methodologies.  Oil and gas facilities all have complex processes and involve a high level of risk in their day-to-day operations – whether exploration, development, refining or processing.  Given the size and isolated nature of some of the facilities any incident can have serious economic, environmental, health, safety and security consequences.

 

Regardless of the methodology you choose, one thing is for certain, risk has a lifecycle and managing that lifecycle with integrated operational risk management is the best method of reducing risk, meeting objectives and improving efficiency.  Using a standard way of identifying and analyzing risk improves your ability to understand those risks and improves how you work to lower them over time.

We Understand Your Business

Challenge Solution
Legacy risk management processes, systems and infrastructure that increase exposure to risk Integrate Risk Management Processes – Stature is a platform for innovative, integrated and intelligent safety and risk management, providing oil & gas facilities with the ability to understand and mitigate risks, lower costs, improve safety and drive service delivery.
Aging plants and personnel Retain Knowledge – Stature allows you to centrally edit, store and share years of best practices for mitigating risk and lessons learned along the way. 
Inconsistent risk culture and weak or unenforced policies for managing risk Drive Risk Culture – Using Stature you can develop a consistent framework for risk management across your organization and embed operational risk management and governance into your culture.
Limited visibility into what will impact the business next Gain Critical Risk Visibility – Stature empowers organizations with information to identify critical safety risks, events, hazards, key performance indicators and trends.
Lack of a consistent, standard format for risk identification, analysis and mitigation, making information sharing across functional groups difficult Reduce silos – A common risk framework across your operations ensures that everyone is speaking the same risk language, helps develop a unified risk culture and ensures that you are always aware of the risks that can impact safety.

Long reporting cycles that render information out-of-date and limit immediate action

 Automate Key Risk Processes – Stature takes mission-critical business processes and makes them actionable. By automating the business process, leadership can be confident that key risk processes are being actively managed, monitored and mitigated. Integrated escalation, notification and scenario-based lifecycles ensure all aspects of the risk process are covered.
Reduced budgets and resources to effectively manage risk  Maximize Resources – Stature ensures that your risk management and audit teams are spending less time gathering information and more time lowering risks.
Minimal transparency into risk management practices by senior leaders Act decisively – Effective operational risk management with Stature allows senior leadership, safety managers and plant operators to make better decisions with more accurate information.