Changing HSE Standards in the Oil Industry: A Modern Approach to Risk Management and Process Safety
The oil industry has undergone significant transformations in its approach to health, safety, and environmental ( HSE ) management in recent years. As technological advancements and operational complexities have increased, so have the risks associated with exploration, extraction, and transportation. Key methodologies like Hazard and Operability Studies ( HAZOP ), Hazard Identification ( HAZID ), risk assessments, and process safety management ( PSM ) are now central to developing safer operational frameworks. Read: What is Process Safety Management Changing HSE Standards Historically, the oil and gas industry operated under a set of prescriptive HSE standards focused primarily on regulatory compliance and basic safety protocols. However, recent incidents, such as catastrophic oil spills and refinery explosions, have led to a shift towards more proactive, risk-based safety management systems. In the past decade, the emphasis has moved from simply meeting safety standards ...