Subsea Production and Processing Systems Market Will See $16.36bn in Capital Expenditure in 2016, According to a New Study on ASDReports

Thursday 21 January 2016, Amsterdam

The report, now available on ASDReports, The Subsea Production & Processing Systems Market 2016-2026: CAPEX Forecasts for Umbilicals, Risers, Flowlines, Controls, Trees, Manifolds and Tie-ins indicates that the subsea production and processing systems market will see $16.36bn in capital expenditure (CAPEX) in 2016.

The lead analyst of the report said: “Building new fixed and floating platforms is increasingly economically impracticable in the low oil price environment. Subsea production tied back to existing facilities is an affordable way for oil and gas operators to maintain or increase current production levels to meet growing energy demand.”

The report contains 220 tables, charts and graphs that add visual analysis and contract information in order to explain developing trends within the subsea production and processing systems market. Visiongain provides annual CAPEX forecasts and analysis for the period 2016-2026 for the global market, as well for as the umbilicals, risers, flowlines, controls, trees, manifolds and tie-ins submarkets and the shallow water, deepwater and ultra-deepwater submarkets. The report also includes market and submarket forecasts and analysis for six regional markets (Africa, Asia-Pacific, Gulf of Mexico, North Sea, South American and Rest of the World).

In addition, the report contains a dedicated leading companies’ chapter including extensive profiles for the leading equipment providers to the global subsea sector. It also features the transcripts of original interviews with Airborne Oil & Gas, JDR Cable Systems and Subsea UK.

The Subsea Production & Processing Systems Market 2016-2026 report will be of value to anyone who wants to better understand the subsea market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the subsea industry.