BNP Media’s Market Research Division, in conjunction with ISHN, conducted a survey of the 2017 safety and health plans of oil and gas and utility/energy professionals. The online survey was conducted in January 2017.
The biggest news regards resource allocation plans. Parallel to economic forecasts predicting a comeback in U.S. oil and gas business this year, 41 percent of those surveyed report their safety and health budgets will increase in 2017. Ten percent expect budgets to increase significantly; 31 percent anticipate slight increases. Only 11 percent say budgets will decrease.