Journal of Petroleum Technology, Vol.53, No.12, 33-33, 2001
Advancing environmental responsibility in times of global consolidation
The oil and gas industry is continuing its trend toward global consolidation. The merged corporations are establishing their future environmental and social responsibility benchmarks as they structure their new organizations. Improvements in these areas result only when the best personnel and environmental management systems of the predecessor entities are preserved and spread throughout the merged corporation. Our industry is becoming more efficient and profitable through the efforts of its best people, the electronic exchange of best practices, and through other technological advancements. Mergers provide a unique opportunity to advance our industry tradition of environmental and social responsibility in the same manner-by building new organizations that draw from the best resources and practices of both predecessors.