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Re: locustsuc post# 61441

Sunday, 04/20/2008 1:16:20 PM

Sunday, April 20, 2008 1:16:20 PM

Post# of 107353
i agree flotation tech is a gamechanger,but im surprised by your skeptism on mako .

the rov industry is red hot and will only grow in the coming years,not only that but mako provides much more than just rov income and with hurricane season coming as well should add a boost the revenues.

that aside as the quest for oil goes deeper and deeper there has been more reliability on the rov as most equipment now is being built with rov capabilities providing safer and more efficient services.


The report is based on analyzing demand drivers. The work-class ROV industry has seen strong growth driven by the high and sustained oil prices of recent years, and it is expect to continue. A result has been high levels of drilling activity and increased installations of subsea wells, pipelines, control cables, and other hardware. In addition, increasing underwater resources are required to service the growing numbers of underwater installations. Moreover, this is increasingly happening in water depths beyond the economic reach of manned intervention. This all manifests itself in the build of new drilling rigs and offshore construction vessels, all of which use ROVs in subsea operations


http://www.offshore-mag.com/display_article/290835/9/ARTCL/none/none/The-work-class-ROV-market---76-growth-by-2011/?dcmp=ENL.OSiSHOW_ARCH
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