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Read Outsourcing equipment servicing – saving time and money

Outsourcing equipment servicing – saving time and money

Outsourcing, although most popular in the IT and back-office services, is now getting more interest across other disciplines including in the E&P sector. Looking at the energy industry, outsourcing of EPC services is a standard but a new trend emerged a few years ago where equipment servicing is being outsourced in large-scale deals. An example of that is a recently announced deal: Offshore engineering and maintenance solutions provider Sparrows Group has said it has won a five-year contract with a major UK Continental Shelf operator to provide inspection services across all its assets in the region1.

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Read Investing in equipment: choose long lifespan

Investing in equipment: choose long lifespan

Whether you’re buying a car, a computer or a yacht, you want to make sure that it is made of high-quality materials, that it will serve its purpose whenever you may need it and that it will last for a long time, so that you don’t have to worry about replacing it with a new one next year. High-quality manufacturing is valued both in domestic applications and in business circumstances. Investing money in equipment comes with a natural calculation of value in time and cost-efficiency analysis. In the modern times, sustainability is also of great concern and we try to reduce wasteful purchases both at home and at work.

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