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Reducing pipeline risk—Petroleum review, February 2013

In this Petroleum Review article, Accenture discusses how pipeline operators can look to reduce risk in the oil and gas sector.

Overview

The bright outlook for the upstream energy market is creating opportunities for new pipelines while putting existing networks under pressure. With ever more stringent regulation and compliance requirements, pipeline safety processes and operations need to be transformed.

This article was first published in February 2013 in Petroleum Review and is reproduced by permission of the Energy Institute, 61 New Cavendish Street, London W1G 7AR.

 

Download PDFRead the report.[PDF 148 KB]

RECOMMENDATIONS

Accenture believes that pipeline companies can mitigate pipeline risks by focusing on two key areas:

  • Digital systems that allow operators to manage huge quantities of data

  • Safety solutions that protect not only the asset and the workers operating it, but also the general public

authors

Shelley Hurley
Managing Director–North America Resources Risk Management

David Williams
Managing Director–UK and Ireland Energy

Yumiko Shinoda
Senior Manager–Resources Risk Management

Julie Adams
Senior Manager–Resources and Energy Research