How to Overcome Challenges in the Oil & Gas Industry?

Faced with unprecedented regulatory burdens, oil and gas companies have the challenge of managing their OSHA, BSEE, USCG, DOT, EPA, Conflict Minerals, NI-52109, COBIT, ISO and many other requirements effectively. They also have to face the weight of compliance mandates such as Extractive Industries Transparency Initiative (EITI), Amendments to EU Directives, Dodd-Frank Act Section 1504, SEC Rule 13(q), SOX, FCPA and other compliance programs based on federal and state regulations. Oil and gas companies are going through several structural and cultural issues internally, and many companies do not have the talent, organizational framework, systems, processes, or attitudes to be sufficiently flexible and innovative in an evolving and uncertain marketplace.

What these companies require to stay ahead of competitors, to not run afoul of government regulations and to be profitable in long run, is an integrated approach to regulatory compliance, safety, and sustainability.

360factors helps oil and gas companies navigate their way through a changing regulatory environment, managing risk and improving performance to increase operational excellence, sustainability, and margins. Their regulatory risk and compliance management solution breaks down silos and reduces costs incurred by multiple installations while minimizing the complexity for functional departments and compliance initiatives. With 30 years of rich experience of providing environmental consulting services in the areas of soil and groundwater investigation and remediation, industrial and hazardous waste management, hazardous waste facility permitting and closures, soil and groundwater investigations and remediation, petroleum storage tank investigations, and environmental site assessments, 360factors is revolutionizing the face of oil and gas industry for good.

Insight success recognized 360factors as one of the 10 most valuable oil and gas solution providers. Read more about most valuable oil and gas industry solution providers here: https://magazines.insightssuccess.com/The-10-Most-Valuable-Oil-and-Gas-Solution-Providers-May-June2017/

About the Company

360factors, Inc. (Austin, TX) helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures management, risks and controls, audit management and inspections, and on-line training and qualifications, in a single cloud-based platform based on artificial intelligence.

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