Recent incidents and subsequent investigations in the offshore oil and gas industry make it clear that some players in this industry are not using basic and appropriate foundations of ethical leadership to manage risk. Accidents are not inevitable nor are they the price of productivity. Risk can be successfully managed without reducing long-term profits, but doing so requires some effort. It is important to note that all responsibility for safety should not necessarily fall on the government or a regulator; responsibilities can be assigned to different components depending on industry culture, history or even politics. The US government has very strict procedures for this industry, therefore these regulations should be followed more carefully, avoiding shortcuts just to save time and money; this is where ethics comes into practice. There are some common ethical factors in serious accidents. For