Bonney Hodges, Energy Operations Director at ISN, USA, answers some questions about changing regulations, operator qualifications and how contractor management systems can help oil and gas businesses. How do constantly changing regulations in the oil and gas impact businesses in the industry? Every organisation must adhere to the regulations that apply to their industry. While businesses in the oil and gas industry are always dealing with compliance and regulatory standards, the changing nature of regulations can have huge time and cost implications. When newer regulations are released, oil and gas companies must be able to adapt, and do so quickly. Constantly changing regulations alter how operators perform their work. When new regulations cause operators to change their course, it can be extremely costly. This makes it crucial to have tools and partners in place to help businesses pivot quickly or find a solution to adhere to these new regulations in a timely and cost-effective manner.
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