Senior representatives from “thought leaders” ABS, DNV GL and Lloyd’s Register weigh in on some of the top class and regulatory issues facing the offshore industry today, from decommissioning and decarbonization to cyber security, unmanned surface vessels and beyond. And what discussion of regulatory matters would be complete without at least some mention of Brexit? These topics and more are explored by Matthew Tremblay, ABS Vice President – Global Offshore Markets; Liv Hovem, DNV GL Oil & Gas CEO; and Mark Tipping, Lloyd’s Register Offshore Technology Manager, in the following roundtable discussion.
With all the financial cuts that have taken place in the past four years, has cost compromised safety?
Hovem: We recognize that the industry has been under immense pressure to cut costs and improve efficiencies in the last few years. This has resulted in examples of cost savings such as maintenance and training expenditure being deferred. It is too early to say whether this has resulted in reduced levels of safety performance, as the impact of these cost saving measures is not immediate in terms of a…
