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.


Download the memorandum here (PDF). (1.4mb)