The saying has it that in every crisis there is opportunity, and the oil industry is no exception, with efficiencies and targeted investments being the prime focus areas during and in the aftermath of a downturn. Very few stones remain unturned in an upstream sector that has been hit hard by successive crises, and Rystad Energy is highlighting one of the last significant untapped value creation windows – that of subsea boosting – identifying more than 200 projects globally where the technology could make an immediate impact by increasing production profitably. The report was produced utilizing our newly launched Subsea Processing Screening Tool – a dashboard that analyses the different components of subsea processing – evaluating offshore projects worldwide and identifying the best candidates for subsea boosting. We have quantified costs, profits and the potential extent of increased output that are related to applying this sparsely-used technology, The increase […]