Newest Subsea Team Targets 80% cost savings on Tree Installations

Arising from the dwindling crude oil price and attendant reduction in cost of operations in oil and gas capital allocations the newest subsea team targets 80% reduction in the traditional cost of subsea tree installations. This is a  group of ex-FMC employees have teamed up with subsea installation player DeepOcean to found Optime Subsea Services, whose …

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