Subsea Technology: Rising to the Challenges of the Deep

Deeper water. More complicated logistics. Greater technical complexities.These are but a few of the challenges facing the offshore segment of the oil and gas industry as they seek new energy reserves to satisfy burgeoning worldwide demand.While alarmists have been warning us for more than 25 years that “the world is running out of oil,” several realities in recent history have refocused global attention on the precarious balance between energy supply and demand. In 2005, a combination of political conflict in key production regions, a record setting Atlantic hurricane season, and brisk expansion in some of the world’s newest economic powerhouses drove prices for both cru...

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