The two parties signed the strategic cooperation agreement in London, UK in October. LR and CNPC are both committed to jointly developing cutting-edge safety technologies. They also aim to explore sustainable development paths for HSE management systems in the energy industry through the strategic partnership.
As one of the world's leading professional services company, LR, established in 1760, specialises in engineering and technology solutions that improve the safety and performance of complex, critical infrastructure. In the energy sector, LR a recognised global leader, helps customers and regulators across the energy industry - including oil and gas, wind, solar, wave, chemical, petrochemical and nuclear power - design, construct and operate their capital-intensive assets and deliver projects to the highest levels of safety and performance.
The strategic cooperation between LR and CNPC Rise will be conducted through the adaption of data science, safety management, training and monitoring and evaluation to assist the company to achieve its goals in strengthening the implementation of the management systems as well as implementing the most recent technologies and striving for inherent safety. The cooperation includes:
- HSE technology innovation
- Data acquisition
- Safety critical equipment monitoring
- Major hazard maps and status monitoring
- HSE performance evaluation and improvement
- Integrated HSE management
- Talent training
- Remote HSE training, assessment and improvement.
CNPC Rise has also joined the Safety Accelerator initiative of LR and has submitted a safety challenge. LR will seek relevant technology and cooperation partners to jointly conduct cutting-edge research with CNPC Rise.
Mr. Lunjiang Yan, President of CNPC RISE commented on the strategic cooperation: "Our primary mission as a research institute is to improve safety in CNPC. By implementing HSE management system over the past 20 years our company's safety performance has been substantially improved. In the future we will further collaborate with leading international consultancy partners like Lloyd's Register, and further improve our safety performance by adopting advanced safety technologies and management practices."
Senior Vice President of Lloyd's Register Mr. York Guan said: "We are very excited to have signed this agreement with CNPC Rise. Under the strategic cooperation framework, we will engage with CNPC Rise from a variety of aspects to proceed the cooperation. We look forward to showcasing our capabilities as the partnership progresses and to working together to strengthen safety management, utilising the new technologies and digital expertise now available in this space."
Since 1869, LR has continued to grow, moving from maritime to different industries. Deeply rooted in China, LR understands the importance of safe and sustainable development for Chinese clients pursuing international business growth who are facing new global challenges. The strategic partnership with CNPC Rise demonstrates the recognition of its expertise and experience across industries from the China market.