Definition of: Stakeholders – Oil and Gas Drilling Glossary - IADCLexicon.org (2024)

Definition(s)

Stakeholders

People that affect, or are affected by, company activities or operations (e.g. customers, shareholders, management, employees, suppliers, local communities, advocacy groups and government). (IPIECA, 2010)

Source: Identifying and assessing water sources: Guidance document for the onshore oil and gas industry, International Petroleum Industry Environmental Conservation Association (IPIECA), 2014.Global Standards

Stakeholders

People who affect, or who are affected by, the operating activities, products, services and/or assets of the company.

Stakeholders include employees, customers, communities, contractors, suppliers, shareholders, partners, governments, regulators, the general public, advocacy groups, industry associations and non-governmental organisations.

Source:IOGP Report No. 510, Operating Management System Framework for controlling risk and delivering high performance in the oil and gas industry, International Association of Oil & Gas Producers, June 2014. Global Standards

Definition of: Stakeholders – Oil and Gas Drilling Glossary - IADCLexicon.org (2024)
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