Protecting High-Value Assets (Risk & Insurance)
Published on: 24-Jul- 2012 | Comments: 0
Excerpted from Risk & Insurance | July 24, 2012
The influence of oil sands and unconventional development in gas and oil—especially directional drilling using three-dimensional seismic surveys and hydraulic fracturing—has clearly created new dynamics in regional feedstock logistics, said Harold Dorbin, senior vice president and project advisory services leader in the construction practice at New York-based Marsh Risk Consulting.
"Not only has that brought new life to existing facilities, but it has given the whole industry the opportunity to take a fresh look at idle assets," said Dorbin. "The Delta acquisition was one really novel development. I have heard that they are taking all the steps to do everything just right because they know they are in the spotlight."
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