Recent accidents and subsequent investigations in the offshore oil and gas industry clearly show that some players in this industry are not using the basic and proper fundamentals of ethical leadership to manage risks. Accidents are not inevitable, nor are they the price to pay for productivity. Risk can be successfully managed without reducing long-term profits, but effort must be made to achieve this. It is important to note that full responsibility for security does not necessarily have to lie with the government or a regulatory authority; responsibilities can be assigned to different components based on industry culture, history, or even politics. The US government has very strict procedures for this industry. These regulations should therefore be followed more carefully, without cutting corners simply to save time and money; this is where ethics comes into practice. There are certain ethical factors common to major accidents. For