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Asset Integrity Management Policy 2022

Petrofac Limited's Asset Integrity Management Policy aims to minimize asset integrity risks and promote a strong leadership culture in integrity management. The Board of Directors is committed to systematic integrity management, performance measurement, and transparency in reporting. All employees are responsible for recognizing and managing integrity risks, with a clear line of responsibility from the CEO to front-line workers.

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84 views1 page

Asset Integrity Management Policy 2022

Petrofac Limited's Asset Integrity Management Policy aims to minimize asset integrity risks and promote a strong leadership culture in integrity management. The Board of Directors is committed to systematic integrity management, performance measurement, and transparency in reporting. All employees are responsible for recognizing and managing integrity risks, with a clear line of responsibility from the CEO to front-line workers.

Uploaded by

mouda8148
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PETROFAC LIMITED

ASSET INTEGRITY MANAGEMENT POLICY

Vision
Petrofac will be recognised as a company that responsibly manages asset integrity risks across all
facilities that we design, construct or operate.

Commitment Objectives
Petrofac’s Board of Directors has the ultimate To meet this commitment at Group level, Petrofac will:
responsibility for integrity management and implement a systematic approach to integrity
assurance and is committed to achieving management and assurance
excellence in integrity management. Petrofac and
its business units are therefore committed to: measure, appraise and report on integrity
management performance
minimising asset integrity risks as part of
our ‘Horizon Zero’ initiative, which aims to periodically review the suitability and effectiveness
eliminate all incidents within the company of this policy, our management systems, targets
and objectives
promoting a strong asset integrity leadership
culture Each Petrofac business unit will:
encouraging all employees to share our asset
integrity commitments and take personal provide competent resources for asset integrity
responsibility for protecting assets management

understanding the sources of integrity risks implement a systematic approach to integrity


and managing them effectively management and assurance, aligned with Group
requirements
maintaining and applying appropriate standards
and mitigating risks manage critical systems to ensure they perform
as intended
transparency in the reporting of the
Company’s integrity assurance have access to an appropriate technical authority
performance infrastructure
sharing of integrity assurance knowledge maintain safe systems of work
manage change in a controlled manner
engage with clients, contractors and suppliers
to jointly manage asset integrity

Responsibility and implementation


Asset Integrity is a line responsibility that starts with the Group Chief Executive and flows down through the line
management structure to front line employees performing work. Every leader at Petrofac is responsible for
proactively managing asset integrity risks with their teams. Every Petrofac employee is responsible for making
themselves aware of the potential integrity risks in their work area and to proactively play their part in reducing
these risks. All employees are empowered to speak up if they have any asset integrity concerns.

Sami Iskander, Chief Executive Officer 31 January 2022

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