Energy Domain’s Post

At the end of 2023, The North Sea Transition Authority issued their highest fine to date to Repsol of £160,000 for flaring more than 73 tonnes of gas without proper consent. This has caused shockwaves throughout an industry that relies on trust as its backbone. Trust is paramount for maintaining relationships across the supply chain, with investors, regulators and the general public. Secure shared data and using emissions management platforms such as Energy Transition Databox can help to mitigate risks associated with safety violations and regulatory fines by facilitating collaboration, transparency and fostering a culture of accountability within the industry. Read more about the role of secure shared data to avoid the backlash of regulatory bodies in our latest blog post: https://lnkd.in/e3N2fxeJ #repsol #nstafine #regulatorycompliance #secureshareddata #emissionsmanagement #cybersecurity

A great success story from one of our Global Energy Network suppliers! Bartech made a strategic decision to use Achilles because it enabled them to clearly demonstrate their business credentials across a wide range of criteria. This included financial strength, health and safety and cyber security as well as environmental, social and governance (ESG). Read the full story here: https://loom.ly/EBRoenw #globalenergy #achilles #supplychainmanagement #supplier #casestudy

NERC Critical Infrastructure Protection (NERC CIP) requirements are crucial for securing the assets required for operating North America's bulk electric system. Compliance with NERC CIP standards is essential for the operational success of any NERC-registered energy supply organization. Failure to comply with NERC's audits can result in hefty fines and extensive remediation work, leading to lost productivity, reputational damage, and lost revenues. Not to mention, the acquisition value of the plant may be affected as well. In next weeks posts, we delve into the main NERC CIP standards and what they mean. Stay tuned to learn more about how to ensure your organization meets these critical requirements. #NERC #CIP #electricity #compliance #energy #security #guardianofthegrid #convergint

🌟 Join us for our upcoming webinar: "Accelerate Heat Exchanger and Process Design using our Integrated Exchanger Design Tool with Aspen Plus." 🌡️💡 Dive into the realm of efficient project execution and informed decision-making as we uncover invaluable strategies for detailed heat exchanger design using advanced tools. In this dynamic session, you'll learn how to meticulously model heat exchangers with precision in Aspen Plus and integrate them with exchanger design and rating. Discover how to monitor fouling trends to minimize energy consumption and reduce the environmental impact of industrial processes. Our expert insights will help enhance exchanger design accuracy by generating detailed reports for process and mechanical conditions. Plus, unlocks the power to evaluate multiple design options based on size and energy optimization, enabling you to identify the most effective design. Don't miss out on this opportunity to revolutionize your project design approach. Register now and elevate your projects to new heights! 🚀 There are limited seats available, use the Promo Code: HVSQ4EDR to register for free now!  Vishwas ShettyNaman ParikhCai Qin YongWonji KimCindy KohJason KimSeongHee (Eden) KimWoori BaeMeng Leng AngTricia JongPei Yi Wong

Energy companies: effortlessly meet #NERC CIP-008-06 1-hour and 24-hour incident reporting deadlines with the BreachRx platform. Never miss a beat with automated workflows and streamlined regulatory guidance. Simplify your incident response approach today! #incidentresponse #energy #regulatory #compliance

This case study illustrates how #AI and #MachineLearning revolutionized #RiskAnalysis in the #OilAndGas sector. By harnessing advanced analytics, dss+ enabled the client to extract valuable insights from complex data, enhancing incident understanding and #RiskMitigation. Through AI modeling, previously overlooked factors were identified, empowering better decision-making for #SaferOperations.

What exactly is SOC 2 Compliance and what does it mean for Distributed Energy Resources (DERs)? RavenVolt Sr. VP of Software Engineering Andrew B. shares his insights on the critical role of AICPA SOC 2 Compliance in protecting customer data and its implications for businesses dealing with sensitive information. Click to read more... https://lnkd.in/g-NVGcF5

This case study highlights the #transformative impact of AI and machine learning on #RiskAnalysis for an oil and gas provider. By leveraging #AdvancedAnalytics, dss+ helped uncover insights from complex data, improving incident understanding and #RiskManagement. Through #AI modeling and natural language processing, previously unnoticed factors were identified, enabling the client to make more informed decisions for #SaferOperations.

📣 Attention! We are thrilled and proud to announce that Destwin® is now SOC 2 Type 2 compliant! 🔒 ✅ At Destwin, we understand that the foundation of any strong relationship with our customers is trust. This significant milestone reflects our unwavering commitment to cybersecurity excellence and our dedication to safeguarding our customer's information through stringent data security measures and practices. 🌐 Read the full press release https://hubs.la/Q028V-t90 - - - #compliance #soc2 #pcidss #customersuccess #saas #saasmanagement #cybersecurity #data #datasecurity #soc #blog #b2bsaas #b2b #b2bsales #b2bmarketing #safe #safety #announcements #security #SOC2Compliance #SOC2Type2 #petroleum #energymarketers #heatingoil #biofuels #diesel #propane #kerosene #Destwin #DestwinEnergy #exhibitor #sponsor #innovation #technology #softwaredevelopment #customerservice #energy #gas #fuel #oil #oilandgasindustry #oilandgas #fueldealers #fueldelivery #energymarkets #fueloil #fuelretail #software #softwaredevelopment #customerportal #webportal #mobileapp #portals #compliance #serviceproviders #onlinepayments #integration

Energy and utility organizations are attractive targets. 🎯 #Optiv outlines more about the APT groups, #Ransomware groups and other threat actors that pose the biggest #CyberRisk.