Health Environment and Safety
The Oil & Gas industry has many technical and business Health, Safety and Environment (HSE) challenges along all its value chain. Employees are becoming more mobile and the workforce is aging in some parts of the world (the big crew change in the US). Up to a third of the infrastructure will soon need replacement. Often times, projects often run over budget and schedule. To remain competitive, O&G companies need to innovate and create new economically and environmentally sustainable products and services in safe way for its employees and local populations. These HSE challenges include operational risks (worker safety) ergonomics, environmental incidents (mitigation, management, reporting); worker training, accountability, multi country auditing, reporting; information technology (IT) issues (disaster recovery and business continuity.). Companies have been using Product Lifecycle Management (PLM) as one innovative strategy to improve their HSE record as they holistically approach sustainability.