Description

Infrastructure security at oil and gas installations is gaining importance in the wake of increased terrorism threats and thefts. The European oil & gas infrastructure security market has been steadily growing at the rate of 4% from the start of the decade. Frost & Sullivan expects that the market would grow at the rate of 4.8% from 2008 to 2014 stimulated by the increased spending by the oil and gas companies in enhancing and upgrading the security systems used in the installations.