The oil and gas industry operates at the extremes – from deepwater drilling rigs battered by ocean storms to vast refinery complexes handling volatile chemicals. With such inherently hazardous operations, safety has always been a central concern. Yet, 2024 marks a new chapter for oil & gas safety, defined by advanced data-driven strategies and a relentless push toward proactive risk management. Industry data reveals a complex picture: while total work hours have increased and some rates improved, the sector still experienced tragic incidents. Members of the International Association of Oil and Gas Producers (IOGP) reported 32 fatalities in 2024, a slight increase from the previous year.
However, thanks to a 26% surge in hours worked, the overall fatal accident rate actually dipped to 0.77 per million hours – a 6% improvement. In other words, the industry got busier but, proportionally, a bit safer. This paradox of “more activity, fewer accidents per activity” is a testament to stronger safety management, though every loss of life remains unacceptable. In this post, we explore how oil and gas companies are reimagining safety in 2024 through cutting-edge technology and culture shifts. We’ll see how OBRA’s field visibility and operational intelligence platform aligns perfectly with the needs of this high-risk sector, ensuring compliance and saving lives from the oilfield to the refinery.