Articles by ecothrust at Technorati Headline Animator

Thursday, September 16, 2010

Risk managing oil explorations ERM 03

It is true that oil explorations are prone to accidents andmust be risk managed well. Still they not rocket science as BP would have liked us to believe. We are putting up this 5 part presentation on risk prevention, risk mitigation and system controls to show that it was reckless violation of operational best practices that brought about the disaster both now and 40 years ago
This presentation will be followed by 4 more presentations elaborating each aspect of risk prevention , mitigation and prevention of risk escalation for Operational Risk (ORM) , Environmental Risk, Financial Risk, and Social/ Media/ Legal and Political Risks

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