Scandoil  

Trelleborg tackles lower operator costs at this year's SPE Offshore Europe


Published Aug 17, 2015
Trelleborg-4

The sharp fall in oil prices has resulted in intensified competition within the offshore oil and gas industry and the prevailing market situation confirms a continued uncertainty ahead. The market was quick to re-evaluate its processes and budgets, redirecting its primary focus to cutting costs, adding value and increasing efficiency.

Fredrik Meuller, Business Area President, Trelleborg Offshore and Construction, says: “The natural reaction when the barrel price falls is for operators to cut costs wherever possible. However it is vital that operators save in the right areas and resist the temptation to simply buy cheap. It remains important to invest in solutions which will continuously deliver high performance over a long lifecycle, to protect projects in the long term, even in tough times.”

Tags: Trelleborg Offshore




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml