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 The oil and gas industry is continuing to reduce costs, improve efficiency, and exploit new fields. To ensure future supplies, it is also moving into deeper waters (+3,000 m). By 2015, nearly 25% of offshore oil will come from greater depths, compared to just 10% in 2004. Meanwhile offshore gas output will continue to rise from both shallow and deep waters, with 12% of global offshore gas coming from the deep ocean floor by 2015, compared to 7% today. Continuing gas growth will drive expenditure on gas infrastructure, including pipelines, LNG plants, gasto-liquid processing plants, tanker transport, and loading and unloading terminals.
Moving the control of subsea development onshore can greatly reduce operating expenses. However, it requires longer submarine energy cables and longer umbilicals. "Smart wells" both on and offshore need remote management capability through sensor, instrumentation and control cables, and extended WANs and LANs for application-sharing among wells and platforms. Onshore facilities (storage depots, refineries and petrochemicals) demand energy and control cables which can operate under aggressive conditions, while protecting workers, infrastructure and the environment.
What oil and gas producers expect of a cable manufacturer:
- advanced exploration technologies
- full range of cables for energy, control, and data
- special cables for exploration, exploitation, refineries and petrochemicals
- high-reliability and low-maintenance for continuous production
- installation expertise in ultra-deep waters and onshore
- technologies for pipelines, tanker transfer, storage
- environmental friendliness and safety
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