Business View Magazine March 2023

40 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 3 recognized and accomplished. We are fortunate to partner with market leaders and regulators alike to shape the future of our industry.” “We have head office locations in both Canada and the United States, with our team based across North America and Europe. Our engineering and software development teams are composed of over 120 individuals, most of whom have worked for an operator or ILI company before and therefore bring critical domain expertise to all of our client projects. A key priority for Dynamic Risk remains the personal safety of all those living around and working with pipeline assets Vieth comments, “We recognize that pipelines transport hydrocarbons through populated areas, and that carries a certain level of risk. Some pipelines may have been built decades ago, and society has essentially encroached on their location over that time, and others have been rerouted through the areas in which people live, work, and travel.” “So certainly, the assessment of this level of risk and how our operators respond to it is the first priority. Ecologically, depending on the product being transported, the level of risk to surrounding environments varies. It could be liquid products like crude oil, or refined products such as gasoline. Proximity to waterways, for example, is something we look at very closely. Business and societal risks are also assessed by us, largely based on their potential to affect reliable energy distribution in times of great demand,” he continues. Sustainability continues to be a hot topic for those involved in the pipeline industry, but maintaining the integrity of existing infrastructure remains just as important as identifying alternatives, McDonnell explains. “The ability to replace or refurbish aging infrastructure to growing societal needs is a real challenge. Obviously, our world has very valuable aspirations to reduce our dependence on hydrocarbons for energy. It’s important to understand, however, that current infrastructure