□ KOSHA and Korea National Oil Corporation (KNOC) work together for major accident prevention in the oil distribution industry which is the backbone of industries in Korea.

□ A signing ceremony of MoU between KOSHA and KNOC was held on 23 October 2016 at the headquarters of KNOC located Ulsan, Korea. The MoU was signed to advance Process Safety Management and substantialize KOSHA18001 in the oil distribution industry.

□ In accordance with the MoU, KOSHA will provide various methods for occupational accident prevention to the headquarters of KNOC and the 9 oil storage facilities under the control of KNOC

o The methods which KOSHA provides include advanced techniques of accident prevention such as operating technique; technical advice; risk assessment; information sharing and so on.

o In line with that, the both parties affirmed active mutual cooperation for △ joint check and diagnosis on risk factors for oil storage facilities △ OSH education for employees △ dissemination of PSM △ exchange of the latest technology and OSH trend

o The Professional Engineering Bureau of KOSHA and HSE Department of KNOC will take full charge of the project.

□ Through the partnership with KOSHA, KNOC plans to stabilize management in the oil distribution industry by enhancing enterprise-wide utilization of accident prevention method and spreading ideology of safe management focusing on CEOs.

□ At the ceremony, President Lee, Young-Soon of KOSHA and Chairman Kim, Jung-rae of KNOC mentioned that they expect the MoU to be the foundation of "joint cooperation belt for accident prevention in the energy industry." They also pledged to work together for accident prevention on the basis of "communication and cooperation" which is core concept of the government 3.0.