Offshore Development Is Too Risky
Myth: Offshore Development Is Too Risky
Fact: While no human endeavor is risk-free, industry standards, modern technology, innovation and experience working under the oversight of state and federal officials have made offshore development safer than it has ever been – and continuously becoming safer because technologies are ever-improving.
Safety isn’t just an industry priority, it’s a core mission – because we care about the well-being of our workers, coastal communities and the environment. Industry has built and is adding to a culture of offshore safety, with more than 100 exploration and production standards created or strengthened since 2010. Nearly 100 of API’s standards are referenced by the federal Bureau of Safety and Environmental Enforcement in its regulations.