As nearly 4 million Texans sat without heat or power last week, it raised a lot of questions about why close to 50% of power generated in Texas comes from natural gases or why 46,000 megawatts sat offline in one day.
Safety and compliance will continue to be top of mind for U.S. oil and gas producers in 2021 as scrutiny from government regulators and environmental protection organizations intensifies. The industry faces new rules and ongoing challenges, including the need to protect workers and their communities during a pandemic, the rollout of the first installment of the new “Mega Rule” pipeline safety regulations, and a significant increase in overall regulatory oversight due to the ability to readily conduct virtual audits.
Economic recession, broken supply chains, and the COVID-19 pandemic have made it difficult, if not impossible, for businesses to rely on what’s worked for them in the past to manage supply chain risk. To help ensure business continuity and growth, training professionals are scrambling to adjust safety and risk management strategies, conducting programs remotely and restructuring in-person sessions to adhere to new guidelines.
By relying on effective technology and expertise to ensure contractors and vendors are qualified and compliant with company and industry-specific policies, rental companies can better manage evolving risks to create stronger, safer businesses.
Companies rely heavily on third-party contractors for hazardous work, which presents a variety of contractor management challenges, including preventing worker injuries, protecting the company’s reputation, ensuring regulatory compliance, and mitigating potential financial risk if an incident does occur.
