Low financing for work leading to low safety standards
Corresponds to limited finances pushing project developer to make choices not in line with best practices edited by the industry. It can be caused by a change in the economic environment such as inflation for example
Informations
- Category: Risks due to internal deficiencies
- Id: C-1
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Phases:
- Drilling / Testing
- Exploitation / Development
- Post-closure
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Consequences:
- Health / Safety / Environment
Mitigation
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Prevention:
- Preparation of cash reserves - Harm Fund
More information is available on the project deliverable (link), or navigate on the online version.
