Balancing Safety and Business in a Challenging Market: Taking the Offshore Industry to the Next Safety Level

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In this presentation, Ernst Meyer, Executive Vice President of Offshore Classification at DNV GL, outlines the balance between safety and business. According to Meyer, "Over the last ten years costs for offshore production and development have gone up radically, while the production rate has not increased in the same rate. Furthermore, now we also have a substantial drop in the oil price. In times like this we need to think in new ways to adapt to the new market conditions, however safety is one of the areas where the stake holders and the society as a whole will not accept any compromise."

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