Lance Medlin, Chief Operating Officer, Meridian Energy Group, talks about their agreement with Pinkerton.
Meridian Energy Group, Inc., the leading innovator in the petroleum refining industry, announced that the company has entered into a long-term agreement with Pinkerton, leaders in comprehensive risk management, providing risk advisory, security management and protective services to global organizations
Pinkerton,
headquartered in Ann Arbor, MI, takes a unique, knowledge-based
approach that leverages 170 years of legacy and institutional knowledge,
blending it with innovative technology to reduce, manage, and mitigate
risk.
This partnership further bolsters the risk
management portfolio for Meridian, who announced last month the
formation of its Environment Social and Governance (“ESG”)
Committee, and the company’s alignment with the environmental and
social risk management framework set forth in the Equator Principles.
Under the agreement, Pinkerton will provide Risk Advisory and Security
Management Services for the Davis Refinery, Meridian’s 49,500 bpd
full-conversion refinery being developed in Belfield, ND. As Meridian’s
main securities partner, Pinkerton will be an integral part of Meridian
Energy Group’s securities structure, providing centralized leadership
throughout its presence.
“Meridian can’t ask for
a better strategic partner than Pinkerton – one that not only aligns
perfectly with Meridian’s business philosophy, but also embodies our
dedicated ESG focus,” said Lance Medlin, Meridian Executive Vice
President and Chief Operating Officer. “Their proven formula Six-Phase
Holistic Risk Assessment and Advisory Model approaches Corporate Risk
Management in a uniquely holistic way, and will provide a customized
solution to help Meridian obtain our unique risk maturity goals.”
Jason
Maddox, Pinkerton Managing Director, had this to say regarding the
partnership, “As Meridian’s main securities partner, Pinkerton will
serve as the strategic point of contact for all solutions through their
holistic approach to Security Enterprise Risk Management. As innovative
leaders in our field, we look forward to supporting Meridian’s clean
fuel vision and goals through our specialized solutions.”
About Meridian Energy Group, Inc.
The
Mission of Meridian Energy Group, Inc. is to provide long-term
shareholder value through the development and operation of the cleanest,
most environmentally compliant and profitable crude oil refineries in
the world, with refinery developments in both North Dakota and Texas.
Established in 2013, Meridian has offices in Belfield, North Dakota,
Houston, Texas and Irvine, California. Connect with Meridian Energy
Group: Twitter, Facebook, and LinkedIn, and for more information, visit: http://www.meridianenergygroupinc.com
About Pinkerton
Pinkerton traces its roots to 1850 when Allan Pinkerton founded the Pinkerton National Detective Agenc...
