
Oil and gas companies must be proactive in adapting to the industry’s changing security landscape, according to General Sir Richard Shirreff, former Deputy Supreme Allied Commander for Europe at the North Atlantic Treaty Organisation (NATO).
The oil industry face an increasingly complex, increasingly interconnected range of threats from technology and geopolitics. To counter this, they need to shift their approach to security from one of reacting to threats, to one of preventing them, Shirreff said while speaking on the sidelines of his keynote address at the Security in Energy’ Conference, held as part of the Abu Dhabi International Petroleum Exhibition and Conference ( ADIPEC 2016).
"Those operating in complex environments need to think of risk strategically. Security is more than having weapons and guards at your door – it is state of mind and stems from within the society in which it operates.
Unfortunately it is too often the case that the industry has a binary sense of security. Companies must understand that these risks are interrelated; what you do on the tech side, for example, could have an impact environmentally, socially, and on security."
The former NATO commander said the oil and gas industries had a better understanding than many of how to manage security issues effectively, due to their experience of managing extensive critical infrastructure, often in sensitive environments.
Companies need to think "comprehensively, and cohesively about risk management", building bridges with multiple stakeholders, understanding the environments they operated in, being aware of geopolitical, transnational, and local risks.
This includes working to build stability in fragile communities, recognising that good governance, healthcare, education, and employment opportunities all contribute towards their own operational security.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor