DEEP WATER: Reinvention: New approaches bring offshore transformation

摘要

Deepwater projects prior to the market downturn of 2014 were not known for being small, fast or easy on budgets. Post 2014, the offshore industry responded with deep cuts in cost, cycle time and breakeven costs. These cuts brought changes in design and work processes, and in turn, reinvention for the deepwater sector. As the offshore industry continues to transform to meet global energy demands and challenges, the collaboration between service industries and operators are delivering technology solutions.