The projects of subsea well access systems around the regions such as North Sea and Gulf of Mexico and Gulf of Thailand are increasing creating higher demand for Rig based well access systems. The subsea well access systems are facing high competition from well access systems used for onshore projects in terms of prices. Also, the higher installation cost for the subsea well drilling is a major restraint for the subsea well access system market. MRFR predicts that recent price recovery of ... Read more