Summary
Report provides a detailed analysis by region and subsea component (trees, control systems, manifolds & templates, jumpers & flying leads, umbilicals, risers, flowlines, trunklines, seabed boosting, compression, separation and metering).
The report presents analysis driven by identified fields/prospects in the Douglas-Westwood subsea database. Historic and forecast component and expenditure breakdowns are included for Africa, Asia, Australasia, Eastern Europe & FSU, Latin America, Middle East, North America, Norway, UK and Rest of Western Europe. Key prospects and projects within each of the geographies are discussed. Detailed case studies highlight various aspects and technologies in production or planned for subsea production and processing.
Subsea hardware market
The volume and value of subsea production and processing equipment installed is shown for the period 2006-2010 and forecast 2012-2016. A proprietary model has been developed for this study in collaboration with the leading subsea hardware providers. Field-data, contract values and project-by-project scrutiny allows a ‘bottom-up’ consideration of the market for a highly-detailed forecast.
During the forecast period, export lines account for over half of all expenditure, dominated by Eastern Europe, Asia and the Middle East which have a number of large subsea pipeline projects planned. Production expenditure is concentrated in West Africa, Brazil and the US Gulf of Mexico due to strong deepwater sectors. Seabed processing expenditure is expected to grow as the industry becomes more comfortable with the technology.
