42nd Annual Meeting of the International Pipeline and ... - Iploca

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 200842 nd Annual Meeting of theInternational Pipeline and Offshore ContractorsAssociationThe Success of the Pipeline IndustryDepends on CollaborationGeorge W. Tenley, Jr.PresidentPipeline Research Council International, Inc.October 2, 2008Pipeline Research Council International, Inc. • www.prci.org 1

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008A Dynamic Industry in Dynamic Times• Global Financial & Credit Turmoil• Broad Infrastructure Development• Global Competition for Equipment, Service, and Talent• Aging Infrastructure in Key Demand Areas• Worsening Demographics for Skilled Workers• “If You Build it They Will Come” – The Threat of Encroachment• Building in System Flexibility for Changing Throughput• Innovation in Materials, Design, and Construction• Growing Environmental Concerns & ImpactsPipeline Research Council International, Inc. • www.prci.org 2

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008The Role of ResearchProducing Benefits & Value for the Pipeline Industry• Building in System Safety & Environmental Performance• Assuring Productivity & Reliability of Pipeline Assets• Anticipating Change & Adapting Existing Systems• Building New Pipelines Where & When They are Needed• Reducing Risks From and To Pipelines• Supporting Industry Public Policy PositionsPipeline Research Council International, Inc. • www.prci.org 3

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008Research Trends• R&D Spending is Declining• Benefits of R&D are Difficult for Companies to Capture• Research Spending Now a Cost• Short-term vs. Long-term Vision & Investment• Increasing Focus on Physical & Cyber Security• High Industry Profits Seen as First Source of Funding• Focus on Life Extension for an Ageing Infrastructure, But• Global Pipeline Build-out Taking Increasing Slice of the PieSource: IGU 2006 WGC ReportPipeline Research Council International, Inc. • www.prci.org 4

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008Benefits of Collaboration• Research Effort Reflects Industry Priorities• Leveraging of Resources Permits Broader, More DiverseAgenda• Member Resources Address Their Business Needs• The Research “Forum” Links Needs to Research toSolutions• More Efficient Use of the Human Resource: MemberExperts and Research Development Staff• Driving Improved PerformancePipeline Research Council International, Inc. • www.prci.org 5

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008Similarities Between IPLOCA & PRCI• Our Memberships• Our Reach• Our Focus• Our Leadership• Our Innovation• Our Shared ChallengesPipeline Research Council International, Inc. • www.prci.org 6

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008IPLOCA-PRCI Intersecting Interests• Improve Efficiency• Optimize Costs• Increase Speed to Market• Leverage Resources• Diversify Perspectives & Inputs• Build in Quality• Enable Continuing Improvement• Innovate• Address the Worsening DemographicPipeline Research Council International, Inc. • www.prci.org 7

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008IPLOCA Novel Construction InitiativeLooking at the Mission Components:• “Innovation”• “Engaging all Contributors”• “Leadership and Direction to the Pipeline Industry”• “Development and Delivery of Improved Technology”Pipeline Research Council International, Inc. • www.prci.org 8

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008PRCI’S Mission“ To conduct a collaboratively funded research program that enablesenergy pipeline companies around the world to provide safe, reliable,environmentally compatible, and cost effective service to meetcustomer energy requirements. ”Drivers• Total Asset Management for Reliability, Integrity, and Productivity• Controlling Operational Risk• Near-term Expansion to Accommodate New Supplies, Fuels, Markets• Enhancing Public and Regulator Awareness and Acceptance• Environmental Performance• System Flexibility• The Loss of the Knowledge and Skill BasePipeline Research Council International, Inc. • www.prci.org 9

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008The PRCI Value Proposition“ Using the leverage generated by our members’ resource contributionsto create a research forum of ideas and results producing solutionsthat assure the safe, reliable, environmentally sound, and costeffectivepipeline transportation of energy to consumers worldwide. ”• Comprised of Industry Leaders• Uniquely Suited to Meet the Needs of the Industry• Forum for Research Development & Deployment• Effective Partner, Including with GovernmentPipeline Research Council International, Inc. • www.prci.org 10

IPLOCA 42 nd AnnualMeetingAthens, Greece • September 29 - October 3, 2008Pipeline Research Council International, Inc. • www.prci.org 11