News
Reduce CAPEX, manage OPEX: Hire a FROG-XT for a short, medium or long-term project
The increased pressure on reducing project expenditure and maintaining high operational efficiency makes it difficult to balance the safety requirements with the limited budgets. One way of better managing OPEX and reducing CAPEX for any project (or even just the next year’s project budget) is to switch from buying equipment to renting it: Reflex Marine makes it a convenient and easy solution to your crew transfer requirements, too.
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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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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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