ZERO Reportable safety incidents at New Zealand Oil & Gas operated sites over 2016-17 

 

While we do not operate any production facilities ourselves, we do take an active oversight role with our joint venture partners.

Active oversight includes for example undertaking auditing and inspections of suppliers and joint venture operators. This frequently leads to process improvement, such as with the JV operating at the Kupe production station.

We maintain an active safety culture in our office environment, and have an alcohol free office policy, in support of wider moves towards drug and alcohol testing on our JV operated sites. Led by our year-by year continuous improvement plan we’ve focused on road transport planning and driver training, and improved our emergency response training.

We report specifically on safety to our Board HSSE committee and hold regular all office safety briefings, typically highlighting safety issues across our joint venture operations and sharing safety messages from home and the office. This safety culture is reflected in a recent change to add specific responsibilities into position descriptions for all employees.

Managing Risk

The company has a risk management system framework, which outlines our approach to risk management.

The company has a risk management system framework, which outlines our approach to risk management. It provides a framework on how to apply consistent and comprehensive risk management practices across all functional areas of the business.

The framework is available on our website. View here

A central company risk register, which considers the risks, reviews the controls, assigns ownership of a risk and tracks treatment plans, is maintained. An overview of key risks is included in the monthly operations report provided to directors.

Risk assurance is provided through a programme of audits and internal review.