Petrotechnics Launches Enterprise Solution

(Press Release)
Monday, April 30, 2012
Phil Murray, CEO at Petrotechnics

With stakeholder expectations of operational performance in hazardous industries ever increasing, operational risk management is a board level challenge. 

 
Petrotechnics today announced the launch of Proscient, its Operational Performance & Predictive Risk software platform. It provides senior management in hazardous industries the ability to reduce risk, optimize performance and drive continuous improvement across their global operations.

The biggest operational risk occurs when people interact with the plant. This interaction is the leading cause of HiPo’s, 2nd leading cause of fatalities and a significant contributing factor in process safety incidents. Organizations typically have rigorous corporate processes for process safety, occupational safety and people management, with systems and data that provide indicators and close the assurance loop. However, when thousands of people interact with the plant every day to do repair or maintenance work, there are limited or no systems and often only paper based processes.  This leaves a large gap in the assurance loop with no feedback on performance.  In this critical area organizations can only judge performance after the event, i.e. with lagging indicators and audit.

Recognizing this critical gap in operational assurance, Petrotechnics’ Proscient closes the loop in the riskiest part of operations. The system intelligently embeds corporate, regional and local policies and processes ensuring they are consistently delivered in frontline practice. This provides senior management with insight and oversight over their global frontline operations.

The system captures data as part of routine work processes such as type of work, volume of work, interaction of work and associated human factors. Common metrics can be established across operations to provide a common indicator of the operational risk associated with the work being performed. For the first time the organization has a common means of understanding the relationship between delivering performance and operational risk. This data captured is then turned into meaningful insight providing clarity and confidence to improve decision making.   

Phil Murray, chief executive officer at Petrotechnics, said; “Our new product is designed to provide senior management with the tools to not only address the way operations are set up across the enterprise, but to ensure and vastly improve upon how the work is executed on a day-to-day basis while providing the means to measure performance.  It is the ideal platform for organizations to further embed a culture of continuous improvement within their operations.” Functionality of the product includes:

 

  • An Enterprise Platform


-Connect the strategic intent of corporate policy to operational practice
-Enterprise integration capabilities with corporate IT Operations Infrastructure such as Maintenance Management Systems, Planning Systems, ERP and HSE systems
-Flexibility to ensure corporate, regional and local standards are operationalized
 

  • Dynamic tools to optimize work in time, space and risk


-Work conflict detection improves decision making
-Real time risk profiles of the plant
 

  • Operational Intelligence provides Insight, Oversight and Corporate Governance


-Common Risk and Efficiency indices for the Enterprise, Assets and Plants providing real governance over operational activity
-Optimize operations with integrated business analytics capabilities

“Our system turns data captured as a part of routine working into operational intelligence for decision makers across the organization,” said Murray.  “For the first time, operational leaders can start to understand the relationship between performance and risk and proactively manage the organization to a less risky and more optimized performance.”

 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

OSV Technology: Notable Designs & Deliveries

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years.

Gondan Lays Keef for IMR Oceanographic Vessel

Gondan Shipyard has celebrated at its facilities in Figueras the keel laying ceremony of the new Oceanographic Research Vessel for the Institute of Marine Research (IMR) of Bergen, Norway.

Maritime Safety

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Two Rescued from Sinking Shrimp Boat

Two fishermen were rescued from their sinking shrimp boat by a U.S. Coast Guard aircrew Friday off the coast of Saint Simons Island near Brunswic, Georgia.   Watchstanders

IMO: Making Ferries Safer

The International Maritime Organization (IMO) domestic ferry safety conference in Manila April 24 has adopted guidelines to aid the process of reducing the mounting

Software Solutions

SDARI Inks Agreement for INTERSCHALT Loading Software

INTERSCHALT maritime systems AG, a maritime software and services provider of loading computers on board containerships, signed a cooperation agreement with the

AMI Maritime, BMT SMART Sign Partnership Agreement

BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, announced that Singapore-based AMI Maritime Pte Ltd has become an accredited service partner.

China's WSDDI Extends FORAN Licenses

China’s Wuhan Ship Development and Design Institute (WSDDI) extended its FORAN contract with SENER.   At the end of December 2014, WSDDI signed a contract with SENER’s partner in Beijing,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3015 sec (3 req/sec)