Data
Driving Industry Growth
Tech
For action in ministries
People
Benifiting every day
Design
Award Winning Developers
Monitoring industry
stakeholder compliance to
local law and regulation.
The development and application of regulation is an ever-present challenge for any oil & gas ministry. In an industry where stringent regulation is required to ensure protection of the environment and workers, and the development of local businesses, whilst supporting the effective extraction of oil resources, a ministry can find it a significant burden to devise, implement and monitor effective regulations and guidelines.
Furthermore, there can be a lack of support, guidance and collaboration needed to support best practices within an industry stakeholder’s organisation. Added to this are complex, lengthy regulatory processes which become difficult to navigate, whilst making it near-impossible to support the philosophy of industry self-regulation
NPMS Capability
The NPMS platform goes hand-in-hand with regulation. In fact, NPMS is the tool by which an oil & gas ministry implements regulatory procedures and monitors compliance. Regulations often establish processes, which can be migrated onto the platform and managed in accordance with the requirements of the regulation.
With NPMS in place, a ministry can rapidly and assuredly develop a regulatory regime that encourages effective and mutually beneficial standards and practices, whilst also having the ability to identify instances of non-compliance
Case Study
Ministry of Natural Resources,
Kurdistan Regional Government-Iraq
The Ministry of Natural Resources of the Kurdistan Regional Government is a government body responsible for the exploration, extraction, utilisation and protection of natural resources in the autonomous Kurdistan Region of Iraq.
View full case study
NPMS in Use
2016-present
Commercial Model
Revenue Sharing
