Uproar in Ghana after president unveils his own statue    Putin hails 'courageous' Trump after election win    Israel passes law to deport relatives of attackers, including citizens    Monkey mayhem in South Carolina after 43 primates escape research facility    Russian anti-war teenager faces five years in jail after failed appeal    SR 3.95 million fines for 3 employees of a company and 6-month jail for one for violating Capital Market Law    Qassim emir launches 52 health projects costing a total of SR456 million    BD and INS partner to elevate standards of infusion care in MENAT    Dubai Design Week launches its 10th edition, celebrating creativity and innovation    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Arab leaders and heads of state congratulate US President-elect Donald Trump    Neymar suffers muscle tear, out for 4-6 weeks    Crown Prince hails Saudi medical team that performed world's first fully robotic heart transplant    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Subsea injection systems provide economic reward
Published in The Saudi Gazette on 28 - 03 - 2016

Subsea injection technology offers major advantages over fixed production platforms mainly in remote offshore locations, where strong ocean currents, deep water and harsh weather conditions is expected to occur and installation of pipelines becomes difficult.
According to a new research study by Transparency Market Research, titled "Subsea Injection Systems Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2015 - 2023," the operational, economic, as well as environmental benefits offered by subsea injection systems, are expected to boost the demand for subsea injection systems across the world over the forecast period between 2015 and 2023.
Apart from this, the cost efficiency provided by subsea injection systems in the extraction of oil and gas in deeper water reserves is also expected to fuel demand from the global market for subsea injection systems, states the research study.
In the report, the global market for subsea injection systems has been studied on the basis of the type of injection systems and the regional distribution of this market. Based on the type of injection systems, the study has classified this market into enhanced oil recovery (EOR) systems, saltwater disposal systems, and hydrocarbon storage systems.
The saltwater disposal injection system is utilized to discard the saltwater produced as a byproduct of oil and gas, which continuously needs to be disposed of for the life of the well. An EOR injection system is used to improve the exploration and production as well as extend the life of an oil and gas field with the help of water flooding. A hydrocarbon storage injection system is employed for the underground storage of crude oil and liquid hydrocarbons, notes the research study.
On the regional front, the study segments the global subsea injection systems market into Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. Analysts project North America as one of the leading regional markets for subsea injection systems.
Asia Pacific is also expected to contribute significantly to the demand for subsea injection systems over the forecast period owing to the increase in the exploration and production activities in the offshore areas of Australia, China, and Indonesia.
The Europe subsea injection systems market is anticipated to exhibit steady growth and the UK is expected to lead this regional market in the coming years, states the research study.
The report also studies in detail the competitive landscape prevalent in the worldwide subsea injection systems market by evaluating the company profiles of the key market participants.
Some of the major international manufacturers of subsea injection systems mentioned in the market report are BP Plc, Saudi Aramco, Statoil ASA, CNR International Ltd., Chevron Corp., Brunei Shell Petroleum, Exxon Mobil Corp., ConocoPhillips Co., and Talisman Energy Inc. — SG


Clic here to read the story from its source.