HBW Resources, LLC (HBW), an integrated strategic consulting and advocacy firm focused on energy and transportation issues, and CSA Ocean Sciences Inc. (CSA), a firm specializing in services related to environmental impacts of activities throughout the world, have announced a global strategic partnership to perform a variety of services in support of offshore commercial projects worldwide. This new offering will combine HBW’s unique skills in consulting and advocacy for energy and transportation projects with CSA’s offshore environmental expertise to present a combined level of global capabilities that is unmatched.
Through this strategic partnership, HBW and CSA will jointly pursue a number of commercial opportunities, including non-technical risk assessments utilizing HBW’s PRIME+ platform for offshore projects. HBW Resources established the PRIME + (Project Risk, Intelligence, Mitigation and Evaluation) process as a way to proactively identify and map non-technical risks to energy and infrastructure projects, prioritize them according to their likelihood and impact, and allow for proactive mitigation and management of project risks.
The combined service, PRIME + H20, will assess non-technical risks associated with offshore projects, quantify and qualify those risks in terms of impact to projects and likelihood of occurrence, and develop implement mitigation strategies to avoid those risks.
“Non-technical risks account for 73 percent of cost and schedule failures for energy projects today,” said Jack Belcher, executive vice president, HBW Resources. “We are pleased that our strategic partnership with CSA Ocean Sciences will provide the unique ability to deliver unmatched risk assessments and other services to offshore projects that will avoid and mitigate those risks and associated cost and schedule failures.”
“By combining CSA Ocean Sciences offshore technical and environmental expertise with HBW’s energy, government and regulatory expertise, our partnership will offer the offshore industry an unprecedented ability to identify and mitigate risk and provide valuable service to our clients, said Al Hart, Executive Vice President of CSA. “Our PRIME + H20 and other service offerings will provide companies a safe harbor in the uncertain offshore environment we face today.”
CSA offers a wide range of marine services, including environmental impact analyses worldwide, drawing upon the extensive knowledge of its qualified personnel in addition to the techniques, facilities, equipment, and business considerations of applied sciences and technologies. Over the last 45 years, CSA has successfully conducted approximately 2,500 studies for more than 500 clients, including the oil and gas industry; engineering/surveying firms; utility companies; law firms; land development companies; and local, state, federal, and international government agencies.
For more information on PRIME+ H20, please contact Al Hart at (713) 595-6633.