The American Petroleum Institute (API) Specification Q2 (Spec Q2) is a quality management system (QMS) standard specifically designed for service supply organizations in the oil and natural gas industry. It was developed to help these organizations improve safety, environmental protection, and sustainability performance by identifying and standardizing the expectations for the execution of upstream services. One of the key elements of Spec Q2 is the requirement for organizations to conduct a risk assessment.
The API Spec Q2 risk assessment should cover all aspects of an organization’s operations that could impact safety, the environment, or sustainability. This includes, but is not limited to:-