Global Subsea Power Grid Industry : Market Overview, Size, Share and Trends 2017
ResearchMoz presents professional and in-depth study of "Subsea Power Grid Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2014 - 2020". The increasing oil and gas exploration activities in deep offshore locations have led to the development of subsea power grids . The depletion of onshore wells has forced the exploration companies to focus on deep offshore locations. A continuous supply of power is required for successfully operating in these offshore locations. Pumps, compressors and CO2 injection all require an effective source of power supply for continuous operations at offshore locations. In deep offshore locations more technology is required to explore oil and gas from ocean surfaces, thus the requirement of power increases with technology. Subsea power grids are developed to meet this increasing demand of power from offshore locations. The market for subsea power grids is anticipated to rise at a substantial pace in the predicte...