Subsea market set fair for continued growth

摘要

Infield Systems recently released the latest edition of its Global Perspectives: Subsea Market Report to 2017. The ninth edition of the report noted that high oil prices, technical developments and the need to counterbalance declining production in mature, shallow water basins have been driving the move into deep and ultra-deep waters. As a result, the last few decades have seen a steady increase in the number of subsea developments. "Increasingly, operators are cost-effectively targeting reservoirs over a much wider area, tying back subsea wells, both to fixed platforms in shallow waters and to floating infrastructure in deeper waters," said Infield. "In fact, capital-intensive ultra-deepwater developments are expected to capture 48 per cent of capex and 23 per cent of tree installations in the 2013-2017 period, in contrast to 37 per cent of capex and 15 per cent of installations in 2008-2012.