COS Releases 2nd Annual Performance Report Ahead of Upcoming Safety Forum

Center for Offshore Safety releases Second Annual Performance Report

HOUSTON, September 21, 2015 – The Center for Offshore Safety (COS) today released its second Annual Performance Report for 2014 Reporting Year . This report summarizes data collected from 2014 offshore industry operations used to measure the safety performance and lessons learned from incidents and events of COS member companies. The report offers the first year-to-year safety performance comparison and also now expands from deepwater Gulf of Mexico to include member data from all U.S. Outer Continental Shelf (OCS) activities.

“Today’s report is an example of the significant progress we have made in collecting, analyzing and reporting safety performance data,” said COS Executive Director Charlie Williams. “These reports serve the industry and its stakeholders as the guideposts for us to continuously improve safety and environmental performance offshore. The information from our Annual Performance Report (APR) is used to learn more about safety and environmental management systems (SEMS) and determine the best areas in which to develop good practices and continue to improve the effectiveness of these systems.”

COS Membership consists of operating companies, drilling contractors, and services and equipment suppliers engaged in exploration and production operations in the U.S. OCS. Members of COS are focused on the offshore industry’s efforts to develop effective Safety and Environmental Management Systems (SEMS) and participate in the audits required by new regulation.

“An important component of SEMS is the ability to assess and measure its effectiveness and continually improve as well as sharing SEMS knowledge,” said Williams. “COS will continue to gather and use the information in these annual reports to develop data-driven improvements and good practices as part of our mission to promote the highest levels of offshore safety.”

The release of the report arrives ahead of the third annual COS Safety Forum, scheduled for September 22-23 in Houston, TX. The COS Safety Forum, part of the COS commitment to “sharing industry knowledge,” has become the premier SEMS-focused event for industry and regulatory agency engagement.

Learn more about COS governance and how to become a member at www.centerforoffshoresafety.org.