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Deepwater expenditure likely to see an uptick
Jul 14: The website caries here a well researched projection of global deepwater expenditure by its different components, going up to 2021.
The components are:
8Drilling and completion
8Subsea production
8Floating production
8The data shows a peak reached in 2014 is unlikely to breached anytime soon, even though the worst seems to be over for the industry as of now
8Investments in floating production systems will rise until 2018 but will fall sharply up to 2021 whereas other components are likely to see a steady rise
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