BATTLESPACE BOOK CLUB

Dec 08. The World ROV Report is geared to the needs of the senior executive and assumes no previous reader knowledge of the subject area. The study describes the development of the industry and gives many examples of the various types of ROVs and the technologies involved. Individual sections discuss the fundamental technologies of positioning and obstacle avoidance; main ROV components such as umbilical cables, tooling, survey sensors, cameras and manipulators. The ROV modelling process is complex, identifying existing fleet numbers and forecasting growth through a number of industry conditions including deepwater & subsea expenditure and drillship & semi-submersible newbuild activity. The World ROV Market Report 2008-2012 identifies 2007 operational expenditure in the global work-class market at just under $1.5bn – a figure which is forecast to increase to a monumental $2.4bn by the end of 2012. Increase in ROV demand is due to require over 650 new work-class units over the next five years – driven by the industry’s increasing push into deepwater and the present high oil price. The report identifies and charts key underlying drivers and defines their influence on the global work-class ROV market, including global energy demand, oil supply, production profiles, offshore expenditure, drilling activity, rig availability, deepwater & subsea expenditure and innovative subsea processing technologies. The report considers recent developments in the market and identifies key consolidation of work-class ROV operators. Fleet ownership and appendices outline significant companies, both vehicle operators and technology providers. For more information please click on: http://www.researchandmarkets.com/product/04824f/the_world_rov_market_report_20082012