Deep Water and Ultra Deep Water Exploration and Production (EandP) Market Overview Investment Feasibility, Recent Trends & Development, Top Company Profiles & Forecast 2022

The Deep water and Ultra deep Water Exploration and Production spending is expected to reach 35 Billion USD in 2015 and is expected to spend a total of 210 Billion USD from 2015 to 2022.

Growing populations and rapid urbanization around the world has resulted in a growing demand for energy. Oil and gas are the most common fuels in use today, and their demand is rising day by day. This has pushed petroleum companies to intensify their deep water and ultra-deep water offshore activities in order to meet demand and maintain profits. With the fall in oil prices in 2015, resulting in the concerns about the viability of large ultra-deep water projects.

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Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) are on the rise with fall in oil prices, which is increasing the pressure on the budgets and has become more challenging in the short term. But, with the increase in the demand for Oil & Gas production, the Exploration and Production operators are considering long term plans and delaying the projects rather than cancelling them. There by the growth for deep water and ultra-deep water is on the rise, with the growth primarily in North and South America, along with the emerging markets like Africa and Asia Pacific, constituting up to 80% of the Capital Expenditure.

The Exploration and Production (E&P) operators spending is in seismic, drilling, subsea and FPS Submarkets, which is expected to have a promising growth during the forecast period. The Drilling and Completion will represent the largest segment for the deep water market expenditure, where the majority will be spent on the subsea well completions. Floating production systems (FPSs) account for the second largest segment with majority of investments in floating Production, Storage and offloading vessels and the subsea equipment (subsea production hardware and umbilicals, risers, and flow lines) account for the third largest segment in terms of capital expenditure, which can be estimated on the number of wells drilled.

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Table of Contents:

1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview and Industry Trends
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Deeepwater & Ultra Deepwater E&P Submarkets
8. Global Deeepwater & Ultra Deepwater E&P Market, By Geography
9. Competitive Landscape
10. Key Company Analysis
11. Appendix

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