On 20 April 2010, hydrocarbons escaped from BP’s Macondo well beneath the Deepwater Horizon drilling rig in the Gulf of Mexico. Gas reached the rig, ignited and caused explosions and a fire. Eleven workers died, 17 suffered serious injuries, and Read More …
Tag: Contractor Risk
Deepwater Horizon Risk Management Case Study
Risk Management in Construction Industry Explained
The construction sector serves as the backbone of the Indian economy, acting as a primary driver for infrastructure development and industrial growth. However, this sector is also one of the most volatile. Characterized by high capital intensity and exceptionally long Read More …
New Avetta Report Highlights Major Safety Perception Gap in High-Risk Industries
A new global study by Avetta has revealed a troubling disconnect between how companies perceive their workplace safety performance and the realities faced by frontline workers, particularly in high-risk sectors such as construction, energy, and heavy manufacturing. The research, which Read More …