Oil and Gas Outlook 2016

Oil and Gas Industry Outlook 2016

As the Oil and Gas industry continues to experience a period of oversupply, many companies will look to improve operational efficiency or adjust portfolios as a means to preserve margins and maintain investment rates. Below average oil prices show little sign of rebounding within in the next year to 18 months, and as international players long removed from the markets plan their re-emergence, more companies will look deep into their value chain to identify where savings can be made. For the global O&G industry, there is no better time to find ways to drive out costly, ineffective processes and practices that degrade profits, enhance risk, and cost companies more to address situations than prevent them.

At POSITIVE HSE, our mission is to provide the tools to sharpen staff awareness, mitigate unnecessary risk, and promote a safety based, task-focused climate to prevent workplace incidents and reduce profit loss. We have learned through discussion with our workshop participants that workplace awareness is on the decline, and crews are experiencing periods of off-task influences that become major distractions in the workplace.

There is no doubt that outside influences and decreased awareness can be a deadly combination capable of absorbing company resources and profits at an amazing rate. POSITIVE HSE believes now is the time to enhance your project teams Safety Leadership Skills and heighten your work crews HSE Awareness through the use of our De-risking Program. Utilizing the current situation as an opportunity to strengthen HSE will ensure your management, supervisors, and crew are sufficiently prepared for success when they are called upon.