Investment in inspection and maintenance is reportedly “too low”

Published by Lydia Woellwarth, Editor
World Pipelines, Tuesday, 01 May 2018 14:55

New research from DNV GL, the technical advisor to the oil and gas industry, reveals that 46% of senior professionals in the sector believe there has been underinvestment in inspection and maintenance of infrastructure and equipment in recent years. Just a quarter (28%) said that they expect to increase spending on safety in 2018. 61% will maintain current budgets and 5% plan to cut investment.

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