24 October 2018

New Process Safety Incident Benchmarking Report of ARPEL Member Companies

  • The second edition of the “Safety Incident Benchmarking Report in the Oil and Gas Industry of Latin America and the Caribbean” containing 2017 statistics is now available for ARPEL member companies.

    This is a an annual comparative exercise among ARPEL member companies which aims to improve the performance and management of oil and gas companies on the basis of the measurement of indicators of process incidents, the establishment of benchmarks, and gap closure.

    Reported indicators take as main references the API Recommended Practice 754, its reporting guide v3.0, and the CCPS Process Safety Leading and Lagging Metrics.

    The report, compiled with data from the 2017 performance of member companies, contains statistics of 14 companies that operate in 12 countries in Latin America and the Caribbean.

    Data are broken down in four business lines: Exploration and Production, Refining, Pipelines and Distribution.

    In this second edition, a total of 322.7 million hours worked were reported, of which 138.1 correspond to E&P, 114.5 to Refining, 32.1 to Pipelines, and 38.0 to Distribution.

    The information is presented by business line, activity, released material and consequences.

    Click here to read the full report.

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