Subsea infrastructure growing and moving deeper
A major factor driving subsea activity is the growth of deepwater production. The early shallow-water fields are depleting, forcing operating companies to move into deeper waters (>500-m water depths), where large discoveries can still be made. Deepwater production is concentrated off West Africa and Latin America, and in the Gulf of Mexico. However, new discoveries are being made off East Africa, the eastern Mediterranean and Southeast Asia.
Log in to view this article.
Not yet a subscriber? Find out more and subscribe today!
Already a subscriber but don’t have an online account? Contact our customer service.
*Access will be granted the next business day.
Connect with World Oil
Join Our Newsletter ///
Sign-up for World Oil Daily News
Latest News ///More
- Venezuela investors meet in Davos as U.S. weighs sanctions (5/20)
- Energy crunch causing ESG to fall out of favor, warns ex-BP CEO (5/20)
- Schroeder quits Rosneft job after pressure over Putin ties (5/20)
- ‘Hell no’: Finance firms tell Texas they don’t boycott energy (5/20)
- Woodside wins backing to buy BHP oil, gas amid climate backlash (5/19)