The recent volatility of hydrocarbon prices, coupled with excessive newbuilding programmes will result in low utilisation impacting day rates and overall expenditure over the forecast period. However, with eventual recovery at the end of the forecast period, subsea vessel day demand is set to grow at a 5.2% CAGR over the next five years. Global subsea vessel operations expenditure is expected to increase by 29% when compared to the preceding five-year period, totalling $97.7 billion (bn) from 2016 to 2020.North America, Africa and Latin America are expected to account for 47.5% of global expenditure between 2016 and 2020. The “golden triangle” remains vital to subsea vessel demand over the forecast period despite falling oil prices, project delays and political instability associated with Africa. The development of East African gas basins in the Indian Ocean will contribute to subsea vessel demand in the latter years of the forecast period.

Browse full report @ http://www.aarkstore.com/energy-resources/156682/world-subsea-vessel-operations-market-forecast-2016-2020 

Our proven approach includes:

Unique and proprietary data - updated year-round from published sources and insight gained from industry consultation.
Detailed methodology - the report uses a unique market model specifically developed in collaboration with leading subsea industry participants. Based on the DWs proprietary databases covering vessels and offshore oil and gas developments, the report includes a market forecast with analysis based on unique data.
Comprehensive analysis - expenditure and vessel day demand are segmented by field development, IRM, pipeline and subsea intervention for each region, covering the 2011-2020 period.

Table of Content :

1. Summary and Conclusions
Summary
Conclusions
2. Drivers and Indicators
Population & GDP Growth Drive Energy Demand
Evolution of Offshore E&P Industry
Subsea Focus Areas
Oil - Supply & Demand
Oil Price Volatility
Natural Gas
Oil & Gas Challenges
3. Definitions and Terminology
Offshore Field Lifecycle and Subsea Vessels
Vessel Types
Vessel Definitions
Vessel Definitions

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