Safety is often seen as a burden by management. You often hear comments like “Safety costs money,” “Safety is a lot of paperwork,” “Safety is slow,” “Safety stops production,” and so on. But have you ever considered the other side of the coin? In reality, safety prevents accidents and thus contributes significantly to a company's profitability. Some studies show that every dollar invested in safety makes 2 dollars. So, why not invest in safety, particularly in functional safety? Let's dive into why this is a smart move for your business.

Discover the untold story behind PEMEX, the colossal state-owned petroleum company that fuels Mexico's economy. Unveil the haunting legacy of tragedy and loss, where over 1000 lives were claimed in heart-wrenching accidents. But don't be disheartened, as we reveal the path to redemption through rigorous safety measures and strategic investments. Join us on a journey from despair to hope as we explore the financial benefits of putting safety first in the oil and gas industry. It's time to rewrite the narrative and embrace a safer and prosperous future together!

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There are five tasks that are carried out for each safety life cycle phase. Do you know what they are?

Everybody talks about it functional safety and SIL and how important it is. Still, the shocking truth is that over 90% of al safety functions worldwide are not functionally safe and are not SIL compliant. Why is that?