2018 survey on the state of process safety & operational risk management – part 1

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FEELING THE SQUEEZE?

2018 SURVEY ON THE STATE OF PROCESS
SAFETY & OPERATIONAL RISK MANAGEMENT

PART 1

Feeling the Squeeze?

2018 SURVEY ON THE STATE OF PROCESS
SAFETY & OPERATIONAL RISK MANAGEMENT PART 1

PROCESS SAFETY CULTURE AND RISK AWARENESS

The 2018 edition of Petrotechnics’ process safety (PSM) and operational
risk management survey builds on insights gained from the 2017 survey.

With contributions from senior managers and leaders in the fields of
process safety, operational risk management, asset integrity, HSE and
loss prevention, this is the first part of a two-part report that looks at the key current issues.

Report 1 explores how far the oil price downturn and knock-on
budgetary squeezes are affecting safety performance; the real-world
experience of safety and risk and where that exceeds – or falls short of –
expectations; and the relationship between safety culture, human factors, technology and engineering practice. The second part of the report will look at technology issues in more depth.

process safety and operational risk management survey

KEY TAKEAWAYS

MOVING FORWARD

The oil price downturn and knock- on budgetary squeezes are affecting the industry’s ability to manage process safety risk effectively.  But diligent work to remove the gaps surrounding safety culture and overall risk awareness could reduce the impact.  Based on research from independent firm, Verdantix, Petrotechnics shares steps for improving risk awareness and safety on the the ground.

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ABOUT THE SURVEY

Petrotechnics’ third annual Process Safety and Operational Risk Management survey was conducted between May and July, 2018 – in partnership with the Mary Kay O’Connor Process Safety Center. More than 100 individuals took part, of whom 53 per cent have worked in process safety, asset integrity and operational risk for more than 15 years. In addition, 61 per cent are responsible for managing corporate or regional process safety. The remaining respondents are responsible for single-site or asset process safety. Respondents represent companies of all sizes and are located around the world: in total more than 80 per cent are located in North America, APAC, Europe and the Middle East.

ABOUT THE AUTHORS

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PHIL MURRAYPresident and CEO
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SIMON JONESHead of Professional Services
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SCOTT LEHMANNVice President, Product Management & Marketing
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COURTNEY BREWERManager, Product Marketing
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