IEEE Std 979-1994, "IEEE Guide for Substation Fire Protection" - oil containment as a means to prevent the spread of fire.
IEEE Std 980-1994, "IEEE Guide for Containment and Control of Oil Spills in Substations" - title is self-explanatory.
These and similar standards are not obligatory. I believe the country/state/province environmental regulations for the area of the installation would specify what, if any, oil containment is required.