Subsea Pumps Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
Subsea pumping is one of the most common methods to enhance oil recovery from subsea oil and gas reservoirs. The use of subsea pumps can make the low pressure oilfields viable by boosting their production output. Subsea pumps also extend the life of existing Brownfield oil and gas reservoirs. Rising need to boost the production from existing offshore Greenfield and Brownfield oil and gas projects is expected to drive the demand for subsea pumps in the near future.
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