Deepwater expenditure to reach nearly $25 billion annually by 2012
The World Deepwater Market Report by energy business consultants Douglas-Westwood (DWL) has been re-written to cover the period 2008-2012. It provides the industry executive with an overview of the growing deepwater sector of the offshore industry and the value of world markets.
business drivers
The Report describes the key drivers behind the dramatic growth in deepwater activity, including the growth in global energy demand, the lack of shallow-water and onshore opportunities and new technological advances that improve the technical and economic feasibility of deepwater developments.
technology overview
The World Deepwater Market Report 2008-2012 discusses the technology used in deepwater developments. The options available for field developments in water depths ≥500 metres and the challenges facing this activity are described and evaluated.
market prospects
The deepwater business is undergoing a period of rapid expansion and high demand for the services of the offshore contractors is expected to continue with annual expenditures reaching over $24.6 billion by 2012. The World Deepwater Market Report 2008-2012 identifies and profiles each major deepwater development prospect in every region.
