In today’s climate, a company’s position on environmental, social, and governance (ESG) can be just as important to its stakeholders as the services it provides.
The PHMSA OQ Rule, designed to govern the day-to-day performance of an oil and gas worker, went into effect in 2002. New OQ FAQs were released on January 28, 2022 to provide guidance around complying with the legacy rule. While the FAQs don’t carry the weight of the existing regulations, they were released for a reason — to aid businesses in their quest for compliance.
A new rule recently released from PHMSA expands safety and reporting requirements for operators of gas gathering pipelines, including 425,000 miles of lines that were previously unregulated.
Many organizations have resisted automating their risk management practices. It’s comfortable to maintain the status quo – often a combination of spreadsheets, emails and internal drives – to manage all facets of risk, including contractors. Unfortunately, there are several trade-offs.
