Oil and Gas Companies Should Double Down on Employee Safety and Retention


Oil and gas executives are grappling with the most challenging business environment in recent memory. With the plunge in oil prices and diminished cash flows, some exploration and production companies are limiting capital expenditures and reducing payroll, as they prepare for what could be a sustained downturn. While such course corrections are necessary to protect the bottom line, reducing a company’s commitment to safety and the well-being of its workforce should not become an unintended consequence. Prudent safety practices and talent retention efforts can go a long way toward easing the blow of challenging conditions.
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Pipeline Safety: First, Last and Always


In an October 2013 article, CBC News reported that by 2011, safety-related pipeline incidents, ranging from fires to spills, increased from 45 total incidents in 2000 to 142 in 2011. Of equal importance to the number of incidents being reported is the headlines they are making. For example, in April 2014, a Canadian crude oil and natural gas company spilled 70,000 litres of oil and water near Slave Lake, Alberta. Two years earlier, another oil company dumped 461,000 litres of oil into the Red Deer River — which came on the heels of a spill of 4.5 million litres by the same company near Little Buffalo in 2011. And then there was the spill by a Canadian-owned pipeline that dumped more than 3 million litres of oil into the Kalamazoo River in Michigan in 2010.
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Impact of Changing Energy Asset Landscape on HSE Technology & Information Strategy of Energy Companies – 2015 to 2020


The oil and gas industry is undergoing a transformation right now—both in terms of technology and workforce. This throws up a new set of challenges for these companies and their stakeholders, especially when it comes to safety. Oil and gas companies must ask themselves today: what do all these changes mean for the safety of their processes and workforce?
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Drilling Down Six Top Safety Strategies for Oil and Gas Companies


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.
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