Subsea Hardware Spend Forecast To Double From 2013 to 2017

摘要

Deepwater activity is booming in the Golden Triangle (Brazil, west Africa, and the Gulf of Mexico), which is forecast to account for 44% of total subsea hardware expenditure. The downturn in offshore installation activity between 2009 and 2011 is being followed by strong recovery and this is expected to continue to 2017. Trunkline projects are of particular significance with major deepwater connections planned for, and extending beyond, the forecast period.