Deepwater Expenditures to Increase 11.7% Per Year 2019 - 2021

Subsea oil & gas operators worldwide report plans to increase subsea development expenditures by 11.7% per year 2019 – 2021. Gulf of Mexico operators report plans to increase subsea development expenditures by 14.2% per year and international subsea operators report plans to increase expenditures by 9.5% per year.