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Risk of accidents moving the wrong way for Maersk Oil

2013 did not develop as Maersk Oil had hoped in terms of incidents that could potentially have resulted in a major accident. After three years of decline, the company's so-called High Potential Process Safety Incidents rate has increased again.

Photo: Maersk

High Potential Process Safety Incidents are an important indicator for the oil companies because it shows how good the individual company is at preventing what could, in the worst case scenario, develop into a serious accident. Because if a company can avoid the potential accidents it serves as documentation that a company - as a participant in a risk-fraught business- can act well before the potenially dangerous situation occurs.

As such, Maersk Oil publishes numbers on this indicator every quarter, as the indicator has an internal importance in terms of employees, as well as external in relation to customers and authorities, to show that the company is aware of the danger signs and takes immediate action. The last curve has declined over the last three years. From 19 potentially very dangerous incidents in 2010 to 14 in 2011, and all the way down to seven in 2012. But this positive development has now been broken, as the numbers for 2013 show a total of 12 incidents, the third quarter being the big sinner, with five incidents.

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