Subsea Technologies for Oil and Gas Offshore Exploration and Production – Thematic Research

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Subsea Theme Analysis Market Report Overview

In the oil and gas industry, subsea deals with all the processes and technologies that are deployed below the sea surface. It primarily concerns the installation of equipment on the seabed to produce hydrocarbons. Furthermore, subsea technology has proven to be profitable in waters at a variety of depths. The core idea of subsea is to move much of the equipment and processes down to the seabed. Additionally, technological advances have played a great role in boosting subsea, while rising demand for oil and growth in the mature offshore fields forced companies to increase production activities on the seabed.

Subsea equipment manufacturers have been working to reduce the cost of machinery installed on the seabed for deep water production. Their efforts in streamlining material procurement, optimizing subsea architecture, and simplifying equipment installation have brought about an overall reduction in the complexity of subsea systems. Besides, engineering, procurement, and construction (EPC) contractors have managed to lower the project execution cycle time to further improve the viability of subsea developments. Decarbonizing offshore projects is extremely challenging due to limited access to clean energy sources. Subsea equipment typically runs on hydraulic power supplied via diesel generators installed on topside platforms.

The Subsea Technologies thematic intelligence report provides an overview of subsea as a theme within the offshore oil and gas industry, encompassing shallow water, deep water, and ultra-deep water terrains.

Report Pages 43
Regions Covered Global
Key Trends Oil and Gas sector, Technology, and Macroeconomic
Value Chain Equipment, Infrastructure, Installation, Inspection, Intervention, and Decommissioning
Subsea Technologies in Oil and Gas BP, Chevron, Equinor, ExxonMobil, Petrobras, Saudi Arabian Oil Company, and Shell
Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Key Subsea Technologies Trends

The main trends shaping the subsea technologies industry are classified into three categories: oil and gas sector trends, technology trends, and macroeconomic trends.

  • Oil and Gas Sector Trends: The key oil and gas sector trends impacting subsea technologies are increasing deep water and ultra-deep water production, electrification in subsea, longer subsea tie-backs, subsea-to-shore, subsea processing, and subsea storage.
  • Technology trends – The report focuses on key technology trends impacting the subsea technologies including VR and AR subsea, growing adoption of ROVs, predictive maintenance, and digital twin.
  • Macroeconomic trends – The macroeconomic trends impacting subsea technologies are the Russia-Ukraine war and COVID-19.

Buy the full report for more insights on key trends impacting subsea technologies in the oil and gas industry. Download a free report sample

Subsea Technologies in Oil and Gas – Industry Analysis

Global offshore production was valued at 46.1 MMboed in 2021. From 2017 to 2021, Iran, Saudi Arabia, Qatar, Norway, Brazil, and the US led in terms of offshore production. During this period, shallow water explorations dominated overall offshore activities. The growth in deep water production can be mainly ascribed to the growing demand for oil and gas globally, as the countries are increasingly trying to reduce their reliance on Russian crude. This would encourage oil and gas companies to venture into less explored deep-water regions.

The Subsea Technologies in oil and gas market analysis also covers:

  • Oil and gas production outlook across major subsea projects
  • Company landscape
  • Mergers and acquisitions
  • Timeline

Subsea Technologies in Oil and Gas

For more Subsea Technologies in the Oil and Gas industry analysis, download a free report sample or buy the full report

Subsea Technologies in Oil and Gas - Value Chain Analysis

The oil and gas value chain represents a sequence of activities from exploration to the sale of hydrocarbons, all the way to end-users. The process includes upstream, midstream, and downstream sectors. Meanwhile, subsea involves the exploration, drilling, and development of oil and gas fields on the sea bed to produce and store hydrocarbons. Subsea systems are primarily designed for the upstream segment of the oil and gas value chain. These are installed on the ocean floor to support the extraction of hydrocarbons at an optimum flow. This has proven to be beneficial as it reduces capex and operational expenditure (opex) associated with offshore production and eliminates the need for fixed platforms.

GlobalData’s Subsea Technologies value chain in oil and gas industry is split into six segments: equipment, infrastructure, installation, inspection, intervention, and decommissioning.

Subsea Technologies Value Chain in Oil and Gas

Subsea Technologies Value Chain in Oil and Gas

For more insights on the Subsea Technologies value chain in oil and gas, buy the full report or download a free report sample

Leading Companies in Subsea Technologies in Oil and Gas

Some of the leading companies associated with subsea technologies in oil and gas are:

  • BP
  • Chevron
  • Equinor
  • ExxonMobil
  • Petrobras
  • Saudi Arabian Oil Company
  • Shell

Sector Scorecard – Subsea Technologies Theme

At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecards have three screens: a company screen, a thematic screen, and a valuation screen.

  • The thematic screen tells us who are the overall leaders in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
  • The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.

Sector Scorecard – Thematic Screen


Buy the full report to know more about the sector scorecard of the Subsea Technologies or download a free report sample


This report:

  • Highlights the prevalent sectoral, technology, and macroeconomic trends impacting the subsea theme.
  • Evaluates the offshore industry and tracks the key subsea developments and contracts across different regions.
  • Provides a brief overview of the subsea value chain in the oil and gas industry context.
  • Assesses competitive positions of the major companies, equipment and services providers in the subsea theme.

Reasons to Buy

  • Understand the importance of subsea in the exploration and production of hydrocarbons.
  • Identify trends and regional hotspots for the subsea theme
  • Outlook for the global offshore oil and gas production against the backdrop of high oil prices.
  • Identify and benchmark key oil and gas producers and contractors in the subsea theme.

Table of Contents

Executive Summary 


Technology Briefing 

  • Development of offshore hydrocarbon deposits
  • Subsea oil and gas


  • Oil and gas sector trends
  • Technology trends
  • Macroeconomic trends

Industry Analysis 

  • Overview of offshore exploration and production activity
  • Oil and gas production outlook across major subsea projects
  • Company landscape
  • Mergers and acquisitions
  • Timeline

Value Chain 

  • Equipment
  • Infrastructure
  • Installation
  • Inspection
  • Intervention
  • Decommissioning


  • Oil and gas companies
  • Subsea contractors

Sector Scorecard 

  • Independent oil and gas sector scorecard


Further Reading 

| Our Thematic Research Methodology 

| About GlobalData 

| Contact Us 

Frequently asked questions

Subsea Technologies for Oil and Gas Offshore Exploration and Production – Thematic Research thematic reports
Currency USD

Can be used by individual purchaser only


Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Subsea Technologies for Oil and Gas Offshore Exploration and Production – Thematic Research was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Subsea Technologies for Oil and Gas Offshore Exploration and Production – Thematic Research in real time.

  • Access a live Subsea Technologies for Oil and Gas Offshore Exploration and Production – Thematic Research dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.