Published: 17-Nov- 2010 | Product Category: Other
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The global demand for hydrocarbons continues at pace and producers have responded by adding new areas of offshore exploration and production to their existing portfolios in more mature regions.
Increasing geographic diversity brings with it fresh challenges; new infrastructures and technologies are under constant development to satisfy more demanding environmental conditions, while old technologies are being upgraded or replaced in the incessant pursuit of operating and capital efficiency.
National and international energy companies, both large and small, continue to invest substantial capital sums in offshore projects with the rate of investment showing little signs of abating.