ABERDEEN, UK – New data collection reports more than 300 subsea projects either under way or planned globally which will require more than 1,300 subsea trees, 110 manifolds, and 12,000 km (7,456 mi) of subsea umbilicals, risers, and flowlines.
The contracts database reveals that more than 100 major subsea contracts totaling over £4.5 billion ($7.4 billion) have been awarded globally during the first four months of 2011. These include 23 EPIC, 33 manufacturing, and 13 installation contracts.
This new database is available from the Subsea UK organization to its members.
“This is the first time that all of this publicly-released information has been available through one source and will provide valuable key facts and figures for business development,” said Alistair Birnie, CEO of Subsea UK.
Information provided in the projects data base includes the name of the project, the operator, main contractor, equipment suppliers, along with the project status, where it is located, water depths, as well as the current number of trees, manifolds, umbilicals, flowlines and risers currently in use and required in the future to meet demand. The database also holds information on FPSOs and subsea vessels.
New database identifies more than 300 subsea projects