Cost Cutting – Four promissing ways to cut costs

With the lowest oil and gas prices since 2009, and the disappearance of work floor-based knowledge, cost cutting has become a priority for many companies in the industry. Research by Lloyd’s Register Energy shows that the reduction of costs is the main objective for 43 per cent of organizations in the oil and gas industry. […]

Investing for savings

New opportunities in a changing oil & gas market I recently attended the Offshore Technology Conference (OTC) in Houston, the largest oil and gas conference in the world, where just about every end user and supplier from the offshore energy market was running around. It was, therefore, the perfect place to listen in on the […]