Cost pressures drive subsea equipment evolution

From Offshore Energy
The following text was excerpted from the media outlet cited on July 27, 2015 and is provided to Noia members for information purposes only. Any opinion expressed therein is neither attributable to nor endorsed by Noia.

The subsea sector is highly consolidated with just five players servicing the $12 billion annual requirements of the global E&P community, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report.

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