Madison Springfield has worked extensively throughout the country to provide a range of services including asset recovery, stability analysis, security monitoring, and survey research to multinational clients from the energy, development, financial services and security sectors.
The operations of a a large multinational energy company were increasingly threatened by the political, economic, social and security instability in northern Iraq. To augment its internal risk management programs, it required persistent security monitoring and threat warning at near all of its operating sites.
Madison Springfield assembled an experienced team of risk management professionals to provide persistent security monitoring of all threats to the client operations. To provide this support, a range of information sources were leveraged including first-hand accounts, subject matter experts, social media monitoring and commercial satellite imagery. Daily reporting provided a summary of all potential threats to the client operations. For those threats that had the potential to immediately and significantly impact client operations, alerts were conveyed via email, telephone and SMS to all decision makers so that preventative courses of action could be taken.
The client maintained real-time awareness of all potential threats that could impact their operations. Persistent monitoring enabled the client management team to make informed planning and operational decisions as rapidly developing conditions on the ground evolved.
Asset Recovery and Due Diligence
The local labor force of a multinational energy company was forced to abandon the project site due to conflict in the region. To ascertain whether it was safe to resume operations or, if necessary, withdraw the company's equipment to a safe location, the client required a site assessment to be performed in a high threat environment.
The Madison Springfield team performed inventories and equipment damage assessments to provide the client the status of their high value assets. It was determined that a successful recovery of the assets was possible and a detailed recovery plan was developed.
The site assessment and recovery plan provided the client with the information necessary to make an informed decision related to the site's operations. This information also impacted the company's future operational planning for the region.
Baghdad and Basra, Iraq
Efforts by a multinational agricultural products company to resume the performance of a contract for the provision of certain commodities had been unsuccessful. Other attempts to determine the cause of the contract frustration had yielded very little in the way of insight.
A local Madison Springfield team of researchers performed a due diligence assessment to ascertain the cause of the delay. To complete the assessment, primary and secondary information sources were consulted and analyzed.
The Madison Springfield team was able to uncover the primary factors that had been preventing the client from resuming the performance of the contract. This knowledge enabled the client to take the appropriate corrective action to mitigate the consequences of the contract frustration.