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Monday, June 10, 2013

Security Vital For Oil & Gas Industry Operations

From the Youngstown Vindicator:
Kidnapping, sporadic attacks and raids on both offshore platforms and oil fields, especially overseas, have forced oil and gas companies to spend heavily in order to protect their employees and their assets. 
The deadliest attack in at least five years came in January, when a group of militants led by a former leader of al-Qaida in the Islamic Maghreb stormed a natural-gas processing facility owned by BP in Algeria. The raid left more than 38 oil workers and hostages dead, illustrating the risk in developing and extracting the world’s fossil fuels, which often are targeted for the economic and political power associated with them. 
The severity of threats such as those in Algeria are hard to imagine in the United States, but as the domestic-energy boom evolves and drilling continues to ramp up in shale plays across the country, oil and gas companies here face unique security challenges, too.
Read the rest of this story by clicking here. 

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