Stiffer regulations, the rise in the cost of production, health, safety and environmental issues are some of the daring challenges faced by the oil and gas sector in recent time. Other complexities include pricing framework, advancement in technology, ageing of assets, continued depletion of oil reserves (Mustapha, Umeh & Adepoju, 2015). Also, the increasing stakeholders demand oil firms perform at all cost is the current situation in the oil and gas industry. These pressures compelled the firms in the sector to develop and adopted a strategy that helped them reduce and control some of the challenges. Thus the top strategic priority for oil and gas firms remains operational excellence for cost reduction, and health and safety programs (PwC, 2017). With operational excellence in place, primary containment loss drops by 40%-50%, export deferrals declines by 98.5% and emergency and reactive activities reduces by 80%-90%