Market update published for deep, ultra-deepwaters

Infield Energy Data Analysts has released its new Global Perspective Deep and Ultra-deepwater Market Update Report 2007.

Offshore staff

LONDON -- Infield Energy Data Analysts has released its new Global Perspective Deep and Ultra-deepwater Market Update Report 2007.

The report forecasts that global deepwater capital expenditure will continue its growth trend of the past five years, resulting in an increase in total expenditure to more than $80 billion. It also indicates that the deep and ultra-deepwater areas remain underexplored and, therefore, offer a large potential.

As indicated by the chart, the report addresses prospects for expenditure related to platforms, subsea, pipelines, and control lines in various geographical regions of the world.

9/25/06

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