The cost of equipment failure within oil, gas and chemical industries (including fuel depots, processing plants and LPG/LNG vessels) on workers, shareholders, equipment, and the environment is often devastating.
This is a very real, very common risk, as the hazardous nature of substances handled daily puts enormous, corrosive pressure on the equipment’s structural integrity. A catalogue of historical equipment failures has led to the strict preventative safety testing and regulations we have today.
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Source: NDT
