Drilling and completion of Subsea wells 
              - 2,121 subsea wells are forecast to be installed in the period 
              2005/09. This represents a 71% growth from the period 1999/03, where 
              1,242 wells were installed. Overall, the market forecast expenditure 
              is set to rise from a total of $18.6bn during the period 1999/03 
              to $31.3bn during 2005/09.  
              Subsea Equipment - 
                The forecast for the subsea equipment market, which includes subsea 
                templates, subsea manifolds and subsea trees, will see 2682 units 
                installed during the period 2005/09. This compares to the installation 
                of 1,605 units over the 1999/03 period. Subsea tree capex is forecast 
                to be $2.8bn during 2005/09 compared to $1.5bn during 1999/03. 
                Subsea manifold capex is due to grow from $1.8bn to $3.7bn, while 
                subsea template capex is set for decline from $756m to $657m over 
                the same periods.
              *Due to the dynamic nature of the data used 
                these figures are subject to change up to first print."
                
              click image to enlarge 
              
			  
			  
              Underlying Market Drivers 
                - Investigates the main and secondary drivers of the subsea 
                market, re-investment rates, oil price sensitivity, politics, 
                economics, production, energy demand, technology, infrastructure, 
                subsidy, grants, taxation modularity and best practice.
              Global Market Potential 
                - Examines prospects for Subsea by projects, reserves and production, 
                identifying the trends by region, water depth, operator, field 
                ownership and development type.
              Sector Analysis 
                - Identifies sector development and the evaluation of all known 
                prospects. Specific analysis is available for each key sector: 
                wells, subsea equipment (subsea trees, subsea manifolds, subsea 
                templates etc), subsea pipelines and subsea control lines.
              Regional Analysis 
                - For each of the main regions - Africa, Asia, Australasia, Europe, 
                The Middle East, North America and Latin America the report looks 
                at recent important activity, analysis of all known prospects, 
                field sales, mergers and discoveries.
              Global Forecasts 
                - Describes the methodology for developing the forecast and CAPEX 
                models. Forecasts and capital expenditure figures are provided 
                by region, component, operator and field owner with a number of 
                conventional and alternative model profiles.
              Comprehensive Project 
                Listings - A field-by-field project listing of fields that 
                have subsea completions present due to come onstream in the period 
                2004/08. Including details on location, operator, name, water 
                depth, high temperature high pressure, production rate, etc.
              Additional Information 
                - Definition of the regions/countries and the acronyms and abbreviations 
                used within the Global Perspectives series.
              Online Access 
                - Purchasers will receiveone year's free online access to a database 
                of all fields (Greenfield & Brownfield) that are being considered 
                for development with a subsea completion for the period 2004/08. 
                InfieldOnline is updated weekly, enabling executives to keep abreast 
                of new discoveries as they are discovered and track the development 
                of existing projects. Log in to a sample database at www.infieldonline.com. 
                Subscribers can upgrade complementary access to include additional 
                information from InfieldOnline.
              Proprietary Modelling 
                System – This highly developed and complex modelling 
                and forecasting system utilises a wide range of features, including 
                macro-economic, techno-economic and business processes. The modelling 
                system incorporates Infield’s global Offshore Energy Database 
                to produce detailed financial and business models, including capital 
                expenditure and supply/demand. These are fully scalable and adaptable, 
                from individual elements through to national, regional, global 
                or company forecasts and scenarios with timelines from 1908 to 
                2092.