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The increasing global demand for energy is expected to grow by 1.2 percent annually over the next 25 years, with half of this growth fueled by coal, gas, and oil, as per the International Energy Agency's 2010 report. As the world's energy appetite expands, both traditional and unconventional oil and gas production methods are being scaled up. However, this increase in production comes with a stringent requirement to adhere to safety and regulatory standards to safeguard equipment, personnel, and the environment.
The white paper discusses the critical importance of maintaining rigorous safety standards in oil and gas production to prevent catastrophic failures, which can incur costs running into billions. It highlights the implementation of advanced technological solutions like smart switches and transmitters, which play a vital role in maintaining safe operations. These technologies are crucial for managing casing pressure, enhancing safety panels, and ensuring the effectiveness of blowout preventers.
About Westech Industrial
Westech Industrial Ltd. is a leading supplier of analytical instrumentation and process control equipment to a wide variety of industries. Our products include: flame and gas detection, process analyzers, valves and measurement control solutions. Westech also manufactures flame arresters and provides industrial valve servicing.