Stakeholders in the Nigerian Oil and Gas industry have blamed increasing accidents in the sector to weak regulation. Ejiofor Alike examines the views of stakeholders at a recent Health, Safety and Environment conference organised by the Department of Petroleum Resources.
The issue of Health, Safety and Environment (HSE) is of strategic importance in the global oil and gas industry and international operators have global HSE standards, which they incorporate in their operations to ensure safe workforce and guarantee millions of man-hours without Loss Time Incident (LTI).
Negligence of HSE on the part of oil companies and failure of regulators to enforce safety regulations have caused the global offshore oil industry billions of dollars in replacing damaged equipment and payment of compensation, apart from loss of lives.
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