Results for tag: "Subsea Production"

The Subsea Production market is a segment of the Oil and Gas Exploration and Production industry. It involves the use of subsea equipment and technology to extract oil and gas from beneath the ocean floor. This technology is used to increase production efficiency and reduce costs associated with offshore operations. Subsea Production systems are designed to operate in extreme conditions, such as deep water and high pressure. They are also designed to be remotely operated and monitored, allowing for greater safety and control. Subsea Production systems are used in a variety of applications, including wellhead systems, subsea manifolds, subsea trees, and subsea control systems. These systems are used to control the flow of oil and gas from the wellhead to the surface. They are also used to monitor and control the pressure and temperature of the oil and gas. Some of the major players in the Subsea Production market include Aker Solutions, FMC Technologies, National Oilwell Varco, Subsea 7, TechnipFMC, and Weatherford International. Show Less Read more