Advancements at the Seabed – The Future of Subsea Production in the Low Oil Price Era

March 27, 2017 | State of the Market Report

Subsea production systems contribute roughly 10% of the global oil production with the vision of a subsea factory often described as the next big disruption in the offshore industry. In this report, we analyse the impact of low oil prices on subsea systems post 2014 and their feasibility in the modern era. Furthermore, we address the question whether the novel concept of subsea factories will indeed be realized based off the progress made by startups in the subsea space.

Coverage Areas

  • Exploration and Production
  • Owning the Energy Transition

Table of Contents

  • Title page
  • Content
  • Landscape: The impact of low oil prices on the subsea industry
  • Analysis: Achieving the subsea factory and optimizing subsea production systems
  • Outlook

Lead Analyst

Harshit Sharma
Analyst

Contributors

Arij van Berkel, Ph.D.
Categories Offshore
Related companies General Electric (GE), Technip, Shell, BP, Schlumberger, Baker Hughes, Equinor, Magma Global, CSIRO - PipeAssure, Subsea Deployment Systems, Scale Protection, Octio, Zerlux, Waveseis, Optime Subsea, BluHaptics, Autonomous Marine Systems, Wireless Power & Communication AS, EastCoast Oil and Gas (EC-OG), NeoDrill, Wisub AS, 4Subsea

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