ANALYTICS
BY KIERAN CLARK
SUBMARINE TELECOMS MARKET SECTOR REPORT: Offshore Oil & Gas
T
o address the growing reporting and analysis needs of the submarine fiber industry, STF Analytics continues its Market Sector Report series – designed to provide the industry with the information it needs to make informed business decisions. The Submarine Telecoms Market Sector Report is a bi-monthly product covering a specific sector of the submarine fiber industry, coinciding with the theme of each issue of the SubTel Forum Magazine. This edition provides an in-depth look at the Offshore Oil & Gas market within the submarine fiber industry. STF Analytics collected and analyzed data derived from a variety of public, commercial and scientific sources to best analyze and project market
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SUBMARINE TELECOMS MAGAZINE
Despite two major price crashes within the last 10 years, the offshore oil and natural gas markets remain healthy. The world’s energy demand continues to rise, and fossil fuels like oil and natural gas remain an integral part of most of the world’s energy policies.
conditions. While every care is taken in preparing this report, these are our best estimates based on information provided and discussed in this industry. The following Executive Summary provides an overview of the topics addressed in this month’s report.
EXECUTIVE SUMMARY
Despite two major price crashes within the last 10 years, the offshore oil and natural gas markets remain healthy. The world’s energy demand continues to rise, and fossil fuels like oil and natural gas remain an integral part of most of the world’s energy policies. However, global discussions and regulations regarding management of carbon emissions have picked