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Tips to reduce risks to ALARP
ALARP, short for as low as reasonably practicable, describes the level to which we expect to see workplace risks controlled. The “ALARP region” lies between the intolerable risk levels…
Read MoreA Timeline of Major Well Integrity Incidents
Major well integrity incidents highlight the need to assure well integrity to be in place within the oil and gas and petrochemical industry. Industrial incidents caused by failures and lapses…
Read MoreMost Common Heavy Lifting Hazards
Working with cranes poses many hazards, and unsafe working practices can result in injuries, fatalities and costly damage to materials. Therefore, it’s important you’re aware of the main hazards.…
Read MoreSurvey Findings Reveal IFRS 9 Implications for Financial Institutions
The International Financial Reporting Standard (IFRS) 9, the new accounting principle for financial instruments, has several implications on financial institutions. IFRS 9 specifies how an entity should classify and…
Read More3 Benefits Of A Certified International Project Manager
Gaining certification and upskilling is a rising trend in today’s workforce. Not only does it allow workers to keep up with the technical skills relevant to their job, but…
Read MoreFrequent Mistakes When Conducting HAZOP and How To Avoid Them
A Hazard and Operability (HAZOP) study is a structured and systematic review of an existing process or operation to identify and evaluate risks to personnel or equipment. A HAZOP…
Read More3 Ways To Perform Asset Management for Oil & Gas
Asset management requires the successful integration of the asset management policy, strategy and plan. According to the PAS 55 definition, asset management is: “systematic and coordinated activities and practices…
Read MoreMajor Oil Companies Are Focusing On Deepwater Drilling Projects
As of January 2018, the Gulf of Mexico presents the most number of offshore rigs of 175, followed by 159 in the Persian Gulf and 152 in Southeast Asia.…
Read MoreImplications of IFRS 9 on Banks
The International Financial Reporting Standard (IFRS) 9, the new accounting principle for financial instruments, has several implications on banks. IFRS 9 specifies how an entity should classify and measure financial…
Read More3 Ways the Digital Age Will Impact the Workplace
The role of Human Resources (HR) has evolved significantly over the past decade to align itself with the constant changing business environment and technology. HR as a function will…
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