
Oil and gas decision-makers are coming under increasing pressure to reduce asset downtime, according to new research released today*.
As part of Lloyd’s Register Energy’s Technology Radar research programme, the survey of oil and gas decision-makers was commissioned to mark the launch of its new software solution AxximTM, which offers the next generation in asset management optimisation.
Almost two thirds (63%) of those polled said pressure to reduce asset downtime has increased in the last year. Asset costs are also a major concern for oil and gas industry decision-makers with almost half (49%) reporting that asset integrity savings are more important than they were 12 months ago.