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Chemical Technology

Cyber Resilience in the Oil and Gas Industry: Playbook for Boards and Corporate Officers

May 17, 2021

To help the energy industry improve its resilience against cyber risk, the World Economic Forum has convened over 40 senior executives to establish a blueprint for evaluating cyber risk across the oil and gas industry. This White Paper is the result of their in-depth discussions to illuminate the industry’s best practices and create new solutions for corporate leaders to address cyber risk. It presents six principles to help boards at oil and gas companies govern this risk and strengthen their organization’s cyber resilience. Adopting them will support the industry in its efforts to continue delivering safe, affordable and low-carbon energy for decades to come.

Spotlight

Global Chemical Company L.L.C.

Global Chemical Company L.L.C. (GCC) was established as a chemical manufacturing facility in Abu Dhabi in September 2009. The computerised manufacturing plant produces premium quality Sodium Asphalt Sulphonate, also known as sulphonated asphalt, which is widely used as a shale stabilizer and fluid loss reducer in oil and gas well drilling operations. A range of other in-house formulated specialty chemicals used in drilling and completion fluids, such as lubricants, defoamers, corrosion inhibitors, etc., are also manufactured and blended by GCC.

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Chemical Technology

Cyber Resilience in the Oil and Gas Industry: Playbook for Boards and Corporate Officers