The energy industry faces plenty of issues surrounding safety and sustainability, from recent incidents such as Macondo, to the threat of global warming and the depletion of fossil fuels. These issues among others, are leading the industry to acknowledge the importance of governing the factors that can lead to such problems. Investment is set to ... Read more.
Every year the drilling operators experience large periods of downtime in their drilling activities due to time spent on unforeseen, but necessary BOP (Blow Out Preventer) inspections. This is very costly – we are talking about hundreds of millions US dollars every year for the industry in total. There is no doubt the BOPs are ... Read more.
Why risk management services are vital to the oil and gas industry. A new presentation from Inge Alme. Offshore Technology Conference: Risk Management Services View more presentations from Lloyd’s Register Energy You can follow us on Twitter here: Twitter @LRUpstream View our daily blogs here: http://upstream.lrenergy.org/ Join Lloyd’s Register at Booth # 5763. Schedule a ... Read more.
The Macondo well failure delivered a hard blow to the offshore industry. The regulatory response has necessarily been dramatic in order to restore lost reputation and community trust. Regulators were swift to act; new safety regulations have already been introduced, and more will come.One of the more challenging new requirements mandates the implementation of a ... Read more.