DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/tjpkq8/global_subsea) has announced the addition of the "Global Subsea Systems Market - by Subsea Production Technology (SURF, Trees, Manifolds, Control system), by Subsea Processing Technology (Boosting, Separation, Injection, Compression) - (2015-2020)" report to their offering.
With the growth in the population and emerging of economies, the necessity for the energy is increasing. The improvement in the subsea processing technology helps in lesser susceptibility to hydrate formation. Also, it helped in the cost reduction of development and operational expenditure for the deep water and ultra-deep water projects.
Europe leads the subsea market segment and will continue its dominance till the end of the forecast period. This growth can be attributed to the offshore reserves in Norway and UK. Also, with the reforms in the governments, the subsea systems market will likely contribute to the growth.
In subsea production systems, Subsea Umbilical, Risers, Flow lines, Trees, Control Modules are the important production system equipment's that are deployed to overcome the hurdles that occur at the time of production. Subsea wells coupled with a complex interaction between ocean environments makes monitoring, intervention and routine operations complex. The intervention cost for subsea wells is extremely high and therefore using intelligent well technology or pressure boosting at the seafloor is preferred than the artificial lift as it reduces the cost.
- Shell Offshore Inc.
- Chevron U.S.A. Inc.
- CGX Energy
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview and Industry Trends
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Subsea Systems Market, By Production Technology
8. Subsea Systems Market, By Processing Technology
9. Subsea Systems Market, By Geography
10. Competitive Landscape
11. Key Company Analysis
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