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Shaun Robertson, intelligence analyst at EOS Risk Group, a global security risk and crisis management practice, explains that in the Gulf of Guinea petro-piracy was initially an onshore operation. Research on the theft of oil in the Niger Delta finds that the exercise is commonly seen as a “legitimate re-appropriation of a resource which international companies have taken from local communities”. In recent years, piracy hotspots such as the Gulf of Guinea have experienced fluctuations in reported incidents due to shifts in geopolitics and oil prices. There has been an additional transition in the dynamics of piracy towards the illegal transfer of oil between ships or from tampered pipelines, known as oil bunkering.
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In many refineriesthe valve and control systems are changing from plastic indicative seals tohigher strength cableseals that deter unauthorized access. Meanwhile the internal record keeping and monitoring of seals isexpanding to help give security personnel greater oversight of the productmovement within their plants and at the entry and exit points. Overall, while there are potential pitfalls involved in trading on oil, those who take the time to understand this dynamic marketplace stand to reap significant rewards over time. Overall, if you’re looking for a reliable and profitable way to invest in the oil market, look no further than Oil Profit’s comprehensive features and unparalleled user experience.
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In this article threats are grouped into eight categories based on the type of activity. Offshore security threats have become more complex and are often interrelated which makes it more difficult to categorize and analyze them. The above framework for assessment of threats is proposed for assessment of threats faced by offshore oil and gas installations generally. These facilities handle large numbers of flammable substances that can cause catastrophic fires if compromised by malicious actors.
Moreover, pipeline monitoring and surveillance solutions offer operators real-time data and insights, enabling them to detect leaks, unauthorized access, or potential damage to the infrastructure. Combining this with video surveillance cameras ensures that operators are alerted to physical threats as well as operational anomalies. With expansive geographic coverage and often isolated locations, traditional security measures like physical patrols or stationing security guards may not be sufficient or feasible.
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Their loot can include petroleum products, machinery, and equipment like communication devices, navigation instruments, and drilling rigs. The illegal black market for stolen oil is worth over $1 billion, and rising oil prices could further incentivize attacks. To mitigate these risks, companies operating in the gas and oil industry have implemented oil profit review strict security protocols at their facilities.
Turn-key Technologies, Inc. (TTI) offers enterprise video surveillance solutions to protect your operations. We provide reliable security camera systems supported by a robust network, along with comprehensive support through our PAVTAC program, including ongoing training, regular check-ins, and troubleshooting. If you use Avigilon security cameras, we also offer updates on new features and conduct annual on-site inspections to ensure system performance. Wireless surveillance cameras have become a game-changer for the oil and gas industry, offering flexibility, scalability, and ease of installation.