May 2016, Vol. 243, No. 5

General

European Leak Detection Market Expected to Grow

Increased pipeline infrastructural investments coupled with high exploration and production activities in the oil and gas sector and high consumer demand for energy will propel growth in the European oil and gas pipeline leak detection market, according to a report issued by Research and Markets. The leak detection system (LDS) market in the oil and gas industry has been growing at a high rate due to the shale revolution, despite steep declines in oil reserves and huge demand for imports, which in some countries has created an unstable environment for the oil field services and related industries. Prospective acceleration in recoverable resources alongside increased exploration and product

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