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Oil firms’ cost cuts may jeopardise worker safety – Norway watchdog

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Shell oil rig Kulluk seen grounded off the coast of an Alaskan island.

Extract from a Reuters article by Gwladys Fouche published 24 April 2014

OSLO, April 24 (Reuters) – Cost-cutting by oil companies could jeopardise the safety of workers in the future, Norway’s safety watchdog warned on Thursday. The regulator said it was concerned that as a result safety standards could be compromised in Norway, where the world’s biggest oil companies drill offshore, including BP, Royal Dutch Shell, ConocoPhillips, Total, Statoil and Exxon Mobil.

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