27 - 28 July, 2011, Prince Hotel & Residence, Kuala Lumpur, Malaysia
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CASE STUDY 1 (PIRACY): On 27th December 2010, an LPG vessel named ‘Sigloo Star’ with 22 people on board was attacked by the Somali pirates just after completion of its west bound Indian convoy. The Alternate Head Security Officer of Thome Ship Management Company says: “It was a nightmare. Such attacks are deeply disturbing and are an assault on our maritime fraternity. Seafarers are seafarers, they are not warriors afterall.
CASE STUDY 2 (TERRORISM): On the evening on 21st January 2011, a convoy of MOL Pakistan Oil & Gas Co. Ltd. was ambushed near Kohat, a small town in the Khyber Pakhtunkhwa province of Pakistan. MOL lost six of its personnel and in response immediately suspended production operations on its Maramzai oil and gas well. Head – Security at MOL states: “The management of terrorism risk often falls to the company security manager to lead on because many have military backgrounds. But to manage such volatile situations, much has to be learnt in terms of channelizing priorities and processes.”
CASE STUDY 3 (NATURAL DISASTERS AND LOCAL COMMUNITY ISSUES): Indonesia’s crude oil production has plummeted. The average production until March 2011 was 906,732 barrels per day against the set target of 970,000 barrels. To keep growing at about 7 percent, Indonesia needs energy, and lots of it. Learn from Indonesia’s upstream oil and gas watchdog BPMIGAS, how being situated over a seismic active zone and concurrently facing local community issues in this developing economy works against optimum energy asset security.
CASE STUDY 4 (POOR ASSET INTEGRITY): When National Grid Corporation of the Philippines took over the operations of the country’s power transmission system from the government in 2008, the substation in San Jose del Monte in Bulacan that serves 40 percent of Manila’s electricity needs broke down leading to widespread blackouts in the capital city. “Since then, NGCP has made the provision of better transmission services through a more reliable power grid as its top priority,” says the company’s senior security consultant.
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