7 Ways to Reduce Downtime in the Oil & Gas Industry
Plant downtime can be very critical in the operational costs and productivity of an operating organization in the Oil & Gas industry.
What this means is that effective ways need to be considered to minimize this particular downtime to sustain competitiveness and operational efficiency.
The economic consequences of prolonged downtimeThis could be unplanned shutdowns or those that extend beyond the expected timeframe, and these surely will have an economic consequence on the Oil & Gas sector.
Direct costs include production losses estimated at tens or...