‘Surf Market Worth $7.3 Billion In 2016’ Says Visiongain Report

31 August 2016
Energy

Visiongain’s new report, the Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Report 2016-2026. Length (km) & Annual CAPEX ($m) Forecasts by Depth (Shallow, Deepwater & Ultra-Deepwater Projects) & Analysis of Projects Connecting Subsea Production & Processing Systems (Manifold, Tree, Pipe, Pump) to Topsides (Jacket / Fixed Platform, Concrete Gravity Structure, Compliant Tower, Tension Leg Platform (TLP), Spar, FPSO, Onshore Infrastructure) indicates that the SURF market will see $7.3bn in capital expenditure (CAPEX) in 2016.

The lead analyst of the report said: “In the low oil price environment, building new fixed and floating platforms is increasingly economically impracticable, and therefore the use of SURF is permitting further development.”

The 233 page report contains 182 tables, charts and graphs that add visual analysis and contract information in order to explain developing trends within the SURF market. Visiongain provides annual CAPEX and length (km) forecasts and analysis for the period 2016-2026 for the global market as well as the submarkets for umbilicals, risers and flowlines and also the shallow water, deepwater and ultra-deepwater submarkets.

The report also includes market forecasts and analysis for six regional markets with individualised analyses of a further 28 national markets.

In addition, the report contains a dedicated leading companies’ chapter including extensive profiles of the leading equipment providers to the global subsea sector. It also features an exclusive transcript of an original interview with Subsea UK chief executive Neil Gordon.

The Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Report 2016-2026. Length (km) & Annual CAPEX ($m) Forecasts by Depth (Shallow, Deepwater & Ultra-Deepwater Projects) & Analysis of Projects Connecting Subsea Production & Processing Systems (Manifold, Tree, Pipe, Pump) to Topsides (Jacket / Fixed Platform, Concrete Gravity Structure, Compliant Tower, Tension Leg Platform (TLP), Spar, FPSO, Onshore Infrastructure) report will be of value to anyone who wants to better understand the subsea market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the subsea industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the energy, telecoms, pharmaceutical, defence and materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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