Loss of Production Even More Dangerous in Times of Low Oil Prices
– Security Specialists Must Work Together With Public Authorities to
In challenging economic times any unplanned loss of production in
critical sectors, such as oil, gas, electricity and water, can be devastating
for a company’s profits. The loss in revenue while they repair the problem is
bad enough, but any ensuing reputational damage will only serve to compound
matters. Protecting critical infrastructure is a primary concern.
risk of terrorist attacks by extremists has increased in recent years.
degree, safe from terrorist attacks bore witness to the determination of
Bqaiq was the site of a terrorist attack attempt by Al Qaeda on
contained by Saudi Aramco, news of attack alone pushed oil prices up by
“al-Qaeda is changing tactics to attack an area that will garner most
attention and inflict most damage on the Saudi leadership, the U.S., and the
international community.” It is thought that a moderate to severe attack on
Bqaiq would slow production from an average of 6.8 million barrels a day to 1
But it is not just extremism which poses a threat to critical
infrastructure. Sabotage, organised crime, disillusioned local communities
and piracy are other risks that can only be addressed by employing
best-practice security techniques. As these threats evolve, it becomes
increasingly important to ensure that security processes and practices evolve
at a similar rate.
The 4th Annual Security for Energy Infrastructure Summit, taking place on
security experts to share innovative solutions that counter the spectrum of
threats currently facing critical energy infrastructure.
better every year”.
The conference will include contributions from 25 key figures in the
field of energy security and will bring together security specialists working
in energy companies across the region.
About IQPC Middle East:
For over thirty years, IQPC has helped the world’s leading corporations
solve their business challenges through the sharing of practical industry
solutions and global best practice. In the process, the company has built a
formidable reputation for quality and value. The world’s most progressive
companies have benefited from IQPC’s unrivalled global reach, which has
connected international expertise with regional and local leaders.
For more information, please contact: Stacey Cross Senior Marketing Manager IQPC Middle East +971-4-360-2942 Stacey.firstname.lastname@example.org
SOURCE IQPC Middle East