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             causes of accidents in the oil and gas sector can be attributed to
             equipment failure, personnel mistakes, and extreme natural disasters such
             as seismic activity, ice fields, hurricanes and other natural disaster.
             (Patin & Cascio, 2003) Periodic inspections and maintenance work can help
             avoid damages due to fatigue and operations.
             Objectives of the business and the mission statement:
             The company operating under the name XYZ NDT Services aims to provide the
             best NDT services to the petrochemical industry in the U.S. Many
             organizations involved in the productions, distribution and warehousing of
             petroleum products realize that by using preventive maintenance (PM) and
             proactive strategizing with regards to the problems and issues faced within
             their operations, they can achieve their goals of reducing operational
             expenses. Employees in the petroleum industry have to be provided with the
             appropriate training for equipment-maintenance as lack of compliance and
             proper operational protocol may result in costly and dangerous mistakes.
             These can potentially cause long-term health problems to the workers at the
             site of operation. Another critical consequence of accidents is global
             environmental damage.(Vincent, 2002)
             The cost of shutting-down for emergency repairs is very expensive in
             cases of equipment-failure. Constant improvements and maintenance repairs
             have to be conducted in order to maintain a competitive market-edge in
             pricing and productivity. Understanding some of the common problems that
             can occur at production points, refineries, pipelines and at tank farms can
             help the management determine the approximate cost that may be involved to
             help maintain the operations as per the local, state and federal rules and
             regulations. Unlike product manufacturing, maintenances are a service and
             are n...