Compositions and methods for preventing corrosion of equipment having a corrodible metal surface that contacts water in a hydrostatic system are provided. Compositions may include a liquid-phase corrosion inhibitor and vapor-phase corrosion inhibitor. Methods may include introducing into the hydrostatic system a liquid-phase corrosion inhibitor, vapor-phase corrosion inhibitor and/or a scaling inhibitor. A protective film can be formed on the corrodible metal surface.