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Tuesday, 02/26/2008 11:22:25 PM

Tuesday, February 26, 2008 11:22:25 PM

Post# of 107353
The work-class ROV market - 76% growth by 2011
Rod Westwood

http://www.offshore-mag.com/display_article/290835/9/ARCHI/none/none/1/The-work-class-ROV-market---76-growth-by-2011/

Push to deepwater
Deepwater production is forecast to almost double before the end of the decade. Capex is expected to exceed $22 billion by the end of that period. The increase in deepwater production is perhaps the biggest driver for the ROV industry, as water depths pass the boundaries of human divers.

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