IHS Markit

Grain LNG Selects IHS Operational Risk Solution


Courtesy of IHS Markit

IHS (NYSE: IHS), the leading global source of information and analytics, today announced that Grain LNG -- a wholly owned subsidiary of international electricity and gas company National Grid -- has selected the IHS Operational Risk Solution to help it improve its management of change (MOC) process. The MOC process helps Grain LNG ensure that environmental, health and safety (EHS) risks are controlled when changes are required to equipment or work processes.

“We chose IHS because it has the experience needed to implement a new MOC work process and its MOC solution has a natural workflow that fits the process our employees are familiar with,” said Simon Culkin, terminal manager, Grain LNG. “Even the simplest changes need to be evaluated against our standards for the safety of our employees, the environment and our surrounding communities. We hope that the IHS Operational Risk Solution will enable us to improve our efficiency and ensure that changes are processed in a safe, timely and effective manner.

The IHS Operational Risk Solution has helped many companies transition from static word processing documents to a web-based management of change workflow. This can help reduce bottlenecks that are created by a decentralized approach.

“In order to drive toward Operational Excellence utility, companies need to minimize disruptions and avoid unplanned outages. A lapse in a change process can materially impact those events and can have a cascade effect into other aspects of operations. We’re excited to share our Operational Excellence experience work with Grain LNG as it focuses on its MOC process,” said Scott Lockhart, IHS vice president, Operational Excellence & Risk Management.

About IHS

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered inEnglewood,Colorado,USA, IHS is committed to sustainable, profitable growth and employs more than 8,000 people in 31 countries around the world.

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