Subsea Hardware Spending Ups and Downs

By Wendy Laursen 2015-04-28 23:22:10 Statoil CEO Eldar Sætre recently stated that over the last ten years, the cost of subsea developments has increased by 250 percent. According to analysts Douglas-Westwood, subsea spending will continue to rise, and there are projects and locations to watch out for. Sætre says that the rule has been that…

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