Subsea Vessel Operations Driven by Growth in Deep Water Developments and Increased Operator Confidence

DW forecast that approximately $77bn will be spent on subsea vessel operations in field development, inspection, repair & maintenance (IRM) and subsea well intervention between 2012 and 2016. This is an increase of 63% over the preceding five-year period. Global vessel demand for these markets is expected to increase 33% on the previous five-years.

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