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RFID Risk Management Audits for Oil & Gas Industry

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RFID Risk Management Audits for Oil & Gas Industry
RFID for Risk Management and Safety Inspections in Oil and Gas Introduction

The oil and gas industry now faces its strongest set of challenges in terms of risk and compliance regulations. Recent events such as the BP Deepwater Horizon disaster in the Gulf of Mexico have further brought to light the presence and relevance of such regulations. In this whitepaper, we will consider the top areas where RFID technology is benefiting the oil and gas industry in maintenance recording, inspection audits and asset tracking. Top specialized providers of RFID technology for the petroleum industry, Xerafy and Holland1916 will share case studies about the use of RFID, and its potential to improve operations within the industry.

The Deepwater Horizon BP disaster brought with it many hard lessons learned by the oil and gas industry. The very process of offshore drilling is an extremely risky venture with the potential for widespread environmental damage with resulting economic ramifications. The need for orderly and systematic inspection, repair and on-­‐going maintenance of oil and gas producing facilities, notably offshore installation, is in its highest demand ever. Another lesson learned is that
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