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New memorandum on risk management

A memorandum on integrated and unified risk management in the petroleum industry aims to help companies in this sector to continue developing their own activities in this area.


A memorandum on integrated and unified risk management in the petroleum industry aims to help companies in this sector to continue developing their own activities in this area.

Download the memorandum

Published by the Petroleum Safety Authority Norway (PSA), this document covers the following main points.

Download: Integrated and unified risk management in the petroleum industry.

“This memorandum raises key issues viewed from our perspective – based partly on contributions from the industry,” says Bjørnar Heide, who has headed work on the memorandum at the PSA.

“It’s meant to contribute to an improvement in industry practice, within the framework of today’s regulations.

“We’d urge the parties to make active use of its content, both internally in the companies and between them. Managers and decision-makers, in particular, should use the memorandum as a contribution to their risk management work.”