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How?: You hire people who have skills and experience with oil & gas industry ERM experience to firsly establish an "Governace, Risk & Compliance Management Control Framework", and then secondly empower them to roll it out.
When?
It is needed throughout asset life cycle stages - i.e. from FEED through production and decomissioning. The scheme should cover all risk areas: HSE, operation, project execution, etc. It is the next frontier to gain an competitive edge and drives organisational transformation and valuye creation.
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