Middle East oil and gas sector driving region's security and services market
As home to more than half of the world's proven oil resources, the Middle East's energy sector is driving regional demand for security and safety services, according to the region's largest multi-solution security provider, G4S.
The inherent risks involved in the extraction, transportation, and management of precious natural resources in the Gulf, is boosting demand for security and safety services – from addressable fire alarm systems to thermal fire, radiation and hazardous chemical detection solutions.
With oil revenues invested in massive infrastructure projects, the security market is growing rapidly in the region. With the recent falling oil prices, oil producers are looking to engage with companies who can help them reduce their production and operational costs.
G4S is the world leader in providing security solutions to the oil and gas industry, providing secure solutions to customers in over 100 countries. In the Middle East, the company provides secure solutions throughout oil and gas customers’ supply chains, from provision of journey management services at the early exploration stages, to remote camp provision and the protection of highly complex petrochemical sites.
“By understanding the wider challenges of oil and gas industry protection, G4S assists producers in maintaining and building trust in the security of their assets, reducing operational costs and building stronger reputations by improving the overall business performance,” said Chris Fergus, Regional Managing Director, G4S, Middle East, in advance of Intersec 2015, taking place in Dubai for three days from 18 January.
Oil and gas is one of G4S’s global vertical focus sectors and is supported by Subject Matter Experts at a global, regional and local level, with specialist consultants who fully understand the regulatory, environmental and safety requirements of the industry.
G4S has developed strong partnerships with many of the world's largest oil and gas companies, leading to extended contracts to derive long-term benefits from closer working relationships that enable the customer to have greater control of facility security installation and implementation.
Technology solutions to be highlighted at Intersec 2015 include the launch of G4S Secure 360, an incident management reporting product that can easily manage, track and report health and safety metrics and data in real time. G4S Secure 360 uses G4S exclusive mobile technology to enhance performance, offer instant incident management information, improve compliance, reduce risk, and provide transparent operational accountability.
Other technology solutions that G4S offer for the oil and gas industry include access control, CCTV, intrusion detection and perimeter security, explosive detection, incident management information and remote video monitoring.
Adapted from press release by Hannah Priestley-Eaton
Read the article online at: https://www.worldpipelines.com/business-news/15012015/middle-east-oil-and-gas-sector-driving-regions-security-and-services-market/
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