Frost & Sullivan predict revenue growth from $459.3 million in 2010 reaching $632.4 million by 2016 just among users in Oil & Gas, Chemicals & Petrochemicals, Refining, Power, and Pharmaceuticals. These industries prioritize continuos production volume, use capital intensive asset management management strategies, and as mentioned, have been endeavoring to automatize a considerable number of processes.
Increased regulation, tight markets, a zero accident safety culture and technology have intersected with the mature development and deployment of Support in Systems for Safety Instrumented Systems. Moving beyond accurate remotely controled processes, the integration of safety has meant further reductions in the cost of maintenance, ownership, and lowered number of plant shutdowns – and process downtimes.
But what is the proper balance of Automation and Human Intervention? How can identifying the correct ratio lead to better ROI and a lower likelihood of adverse events.
This fall’s Process Safety Management Forum in Oil and Gas, will taken on Automation and other critical topics this October 16th -17th in London.
Speakers from OMV|Austria, Maersk Oil|Norway, ENI E&P|Italy, Dong Energy|Denmark, DNV- KEMA|Netherlands and others, will take on the integrated approaches needed to manage process safety across global operations, technology integration, SIS, effective audit, and environment specific training.
How might the new ISO 55000 standard impact implementation? How has India’s rapidly growing energy dealt with the role of process safety through application of various asset management strategies?
Find out where these industry shifts will lead safety practitioners in Oil and Gas….