EU Subsea Umbilicals, Risers, and Flowlines (SURF) Market to Grow at 11%
Increasing
offshore hydrocarbon exploration activities to drive Europe oil & gas
subsea umbilicals, risers, and flowlines (SURF) market through 2021
According to TechSci Research report “Europe Oil & Gas Subsea Umbilicals, Risers and
Flowlines (SURF) Market, By Component, By Application, Competition Forecast
and Opportunities, 2011-2021”, the market for oil
& gas SURF in Europe is projected to exhibit a CAGR of over 11% during
2016-2021, on account of rising output from offshore fields. As the era of easy
oil is over, companies are going offshore in deep and ultradeep waters.
Offshore field development requires subsea umbilicals, risers and flowlines to
be installed to bring oil or gas from seabed to surface processing plant. Increase
in offshore oil and gas exploration activities is projected to boost growth in Europe
oil & gas SURF market through 2021.
Browse 4 market
data Tables and 13 Figures spread through 63 Pages and an in-depth TOC on "Europe Oil &
Gas Subsea Umbilicals, Risers and Flowlines (SURF) Market, 2011-2021"
https://www.techsciresearch.com/report/europe-oil-gas-subsea-umbilicals-risers-and-flowlines-surf-market-by-component-shallow-water-deepwater-ultra-deepwater-by-application-deepwater-shallow-water-etc-competition-forecast-and-opportunities/1002.html
Norway is one of the pioneers in developing offshore fields. The first
wave of subsea field development started in North Sea. Moreover, this region
dominated Europe oil & gas subsea umbilicals, risers, and flowlines market
over the past few years. Hence,
aforementioned developments are anticipated to fuel demand for oil & gas
subsea umbilicals, risers and flowlines in Europe during the forecast period. Rising
demand for oil & gas SURF equipment in the region can be attributed to recovery
in crude prices and improvements in financial situation of upstream players.
Download
Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1002
Customers can also request for 10% free customization
on this report.
“Deepwater application dominated
Europe oil & gas SURF market, on account of new offshore oil and gas
discoveries. Also, implementation of government policies and regulations
supporting offshore exploration are anticipated to trigger growth in Europe oil
& gas SURF market during the forecast period”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Europe Oil &
Gas Subsea Umbilicals, Risers and Flowlines (SURF) Market, By Component, By
Application, Competition Forecast and Opportunities, 2011-2021” has evaluated Europe oil & gas
SURF market and provides statistics and information on market structure,
industry behavior and trends. The report includes market projections and demand
forecasting. The report is intended to provide cutting-edge market intelligence
and help decision makers to take sound investment evaluation. Besides, the
report also identifies and analyzes emerging trends along with essential
drivers, challenges, and opportunities available in Europe oil & gas SURF market.
About TechSci Research
TechSci
Research is a leading global market research firm publishing premium market research
reports. Serving 700 global clients with more
than 600 premium market research studies, TechSci Research is serving clients
across 11 different industrial verticals. TechSci Research specializes in
research based consulting assignments in high growth and emerging markets,
leading technologies and niche applications. Our workforce of more than 100
fulltime Analysts and Consultants employing innovative research solutions and
tracking global and country specific high growth markets helps TechSci clients
to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]