standardization
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Many companies are seeking 20% to 50% reductions in project costs. This level of capital cost reduction requires serious rethinking of the strategy for developing and executing projects.
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The current state of the subsea industry can best be described as confusing - there must be a better way of doing business.
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Operators’ demands for structural designs are changing along with the need to produce from harsher environments, deeper waters, remote areas, and marginal fields. New-builds and modifications require different approaches in assessment of cost, design, and construction.
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Complexity is now a day-to-day parameter in the world of the subsea engineer. We are not developing these systems for fun; huge value is associated with maximizing recovery from these deep, remote oil and gas reservoirs.
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