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| 03/16/2011 | |
| Approximately one hour | |
| David M. Womack, Global Director of Strategy and Business Development, Chemicals and Petroleum (C&P), and Industrial Products (IP) Sectors, IBM William Ely, Chemicals & Petroleum Leader, Software Group, IBM Michael Van Gemert, Manager Systems and Controls, WEST Engineering Services |
Exploration and production activities in the oil and gas industry continue to push the extremes - deeper water, harsher environments, political and regulatory uncertainty, and skilled labor shortages. The Montara oil spill in the Timor Sea and the Macondo oil spill in the Gulf of Mexico both contain lessons that can reduce operational risk. Regulators are moving in the direction of requiring real time data from the platform to shore to proactively manage these risks. If we can steer a drill bit several thousand meters away, why can't we capture data representing operational risk and present that in a timely fashion to improve decision making? We can.
| David M. Womack Global Director of Strategy and Business Development Chemicals and Petroleum (C&P), and Industrial Products (IP) Sectors, IBM |
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| William Ely Chemicals & Petroleum Leader Software Group, IBM |
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| Michael Van Gemert Manager Systems and Controls WEST Engineering Services |
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Business leaders need innovative business solutions that reduce cost and improve service. Hardware, software and services from IBM help you maximize the performance and lifetime value of assets across your enterprise-production, facilities, transportation and IT - and closely align them with your overall business strategy. Website: www.ibm.com
