Petroleum Safety Authority Norway Releases New Memorandum on Risk Management
Energy Transition Group
,2 Jul 2018
Published by the Petroleum Safety Authority Norway (PSA), the document covers the following main points:
- Risk management can only function as intended when integrated in the other decision processes.
- Before decisions are taken, issues relating to health, safety, and the environment must be adequately identified. Uncertainty must be taken into account.
- Robustness is a key requirement because changes and surprises can occur.
- Knowledge of, involvement in, commitment to, and engagement with safety must be a core value. This must shape decisions in every part of the organisation.