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.
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