Eric Dzuba | Dräeger Safety
138. That’s a new high, according to OSHA, of fatal injuries to oil and gas extraction workers in 2012, a 23 percent increase from 2011. More than 800 workers lost their lives on the job in the seven year stretch from 2003 to 2010. In a world where oil and gas companies produce millions of barrels per day, protecting these workers is a challenging task. Production can drop from millions of barrels a day to zero when a refinery shuts down due to an accident. Companies that develop and implement practices designed to promote a stronger safety culture, not only better serve their workers, but they also protect their bottom lines.
Continue reading “Drilling Down Six Top Safety Strategies for Oil and Gas Companies” »
In The Headlines
Jon McCarter | EY
With an average of almost four transactions every day, oil and gas has remained one of the most active and resilient global sectors for M&A. While total oil and gas transaction activity was down in 2013 compared to 2012, oil and gas M&A has generally remained robust in the face of macro-economic headwinds. As we look forward to 2014, we see the M&A market being driven by the continuation of a number of trends observed in 2013, as well as by some new factors coming into play.
Continue reading “Perspectives on Oil and Gas Transaction Activity in 2014” »
Topic of Discussion
Rodney Moore | Weil, Gotshal & Manges LLP
M&A activity in the upstream and midstream industries in the United States has been incredibly robust over the past 10 years. Although the frenzy to get a piece of the shale action has slowed, the interest in shale plays and enhanced drilling programs, together with shifting market focus from diversification to focus on core areas, continues to drive significant transaction activity in these sectors.
Continue reading “The A&D Outlook for the Oil & Gas Industry” »