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Niche Applications Crucial To Accelerate Revenues In Subsea Equipment Market, Finds Frost & Sullivan

2014-10-06 12:59:32| oilandgasonline Home Page

Escalating energy requirements and declining reserves in existing wells are lending momentum to subsea exploration, fuelling the adoption of subsea equipment globally. As attractive returns and higher recovery rates position subsea exploration to challenge the near-shore and onshore industry, demand for subsea equipment will continue to grow.

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