It is of no surprise that we will be talking OPEC, the Organization of the Petroleum Exporting Countries, this month as they prepared to agree to stabilize the market. We’ll also be talking Oil and Gas (O&G) capex increase.

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The Health Safety and Environmental (HSE or EHS) regulatory agencies set the tone for all safety standards and regulations within all organizations, including the Oil and Gas (O&G) industry. In Canada, the Canadian Centre for Occupational Health and Safety (CCOHS) documents acts and regulations for workplace safety. In the United States, the Occupational Safety and Health Administration (OSHA) works to set laws and regulations with which businesses must comply. Even though there is a moral, ethical and legal obligation to comply with EHS regulations there is a cost. With useful wearables for the Energy sector, O&G companies can benefit from this technology to address standards and regulations set by CCOHS and OSHA. With barrel prices dropping below $45 per barrel this week, wearable devices also address the need to save costs downtown and in the field while maintaining environmental, health and safety compliance.

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Most major industries are adopting wearable technology to help employees work safer and more efficiently by allowing businesses to better understand worker habits. Many businesses are also employing wearable technology to achieve better results with their customers. For example, the medical industry has adopted wearable technology to track weight, heart rate and activity metrics for patients. The security industry incorporates personal locator wristbands and lightweight cameras to rescue those in need or identify perpetrators. Energy is more than ready to adapt wearable technology in the workplace to help improve productivity and employee safety. Should Energy get on board with workplace wearable devices, here is a top 5 list of useful wearable devices that are potential candidates for the Oil and Gas sector.

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Wearable technology has had an impact on many long-standing industries. The wellness sector has embraced the technology to track health metrics, like weight, heart rate and daily activity. The safety and security industries incorporate personal locator wristbands and lightweight cameras to rescue those in need or identify perpetrators. So why is it taking so long for the Oil and Gas sector to embrace workplace wearables as a way to improve employee safety and productivity? With the current state of the industry Oil and Gas businesses are being forced to downsize and look for ways to cut operating costs anywhere they can. Implementing the use of wearable technology could represent another avenue to save costs in the long run.

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