Advancing Understanding of Offshore Oil and Gas Systemic Risk in the U.S. Gulf of Mexico

Current State and Safety Reforms Since the Macondo Well-Deepwater Horizon Blowout

National Academies of Sciences Engineering and Medicine, Gulf Research Program, Committee on Progress and Opportunities Toward Decreasing the Ri, A Report Series on Progress and Opportunities Toward Decreasing

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Description

Most of the offshore oil and gas industry in the Gulf of Mexico has shown considerable improvement in systemic risk management, which is now approaching a middle stage of maturity across most risk elements. Advancing Understanding of Offshore Oil and Gas Systemic Risk in the U.S. Gulf of Mexico: Current State and Safety Reforms Since the Macondo Well-Deepwater Horizon Blowout assesses both industry and regulatory progress against the reforms that were recommended following the Deepwater Horizon disaster in 2010. The report also states that progress has been uneven, and critical gaps remain in comprehensively addressing the management of systemic risk offshore.