Subsea Power Grid Market Segment Forecast Up to 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...
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