Danish regulator points to correlation between incidents, cost reductions
The Danish Working Environment Authority (DWEA) has noticed a link between serious incidents and short-term cost reductions, said Torben Krarup, Head of Offshore Oil and Gas for the DWEA, in a regulators panel session at the 2019 IADC Drilling HSET Europe Conference in Amsterdam. In this video with DC, Mr Krarup explains the challenges faced by regulators as offshore oil and gas companies continue to focus on reducing their operating costs. Watch the video for more information.