Monday, May 27, 2019

Drones are Finally Delivering their Potential in Oil and Gas Industry: Ken Research


Ken Research’s Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Global Market 2017-2025 by Vehicle Type, System Component, Propulsion System and Region gives a detailed analysis on global market for unmanned underwater vehicles (UUVs). The report also covers present competitive scenario and the predicted manufacture trend; and profiles global oil & gas UUV vendors including market leaders and main emerging players. Specifically, potential risks associated with investing in global oil & gas UUVs market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. The top players in the global market are Andrews Survey, C-Innovation, DOF Subsea AS, Forum Energy Technologies, Fugro Subsea Services Ltd, Hallin Marine Subsea International PLC, Helix Energy Solutions, i-Tech (Subsea 7), Kongsberg Gruppen ASA, Kystdesign AS, Oceaneering International, Inc., Perry Slingsby Systems Limited, SAAB SEAEYE LTD., Saipem (Sonsub), Schilling Robotics, LLC and Soil Machine Dynamics Ltd (SMD).

Unmanned Underwater Vehicles are those vehicles that are used underwater for commercial, scientific and military uses without any human actually going underwater. They can be of two types – Autonomous Underwater Vehicles and remotely operated Underwater Vehicles (RUVs). Like any other forms of unmanned vehicles, they have the same problem of communicating underwater due to water distorting transmissions and other obstacles under the water. Other hindrances include their inability to work for longer time in underwater due to lack of power supply. UUVs are very useful in oil and gas industry. They provide various economical and environmental benefits that reduce costs and improve efficiency. Thanks to the advent of drones and sensors, it is now possible to perform additional functions of inspections and monitoring roles as well. Since there is more demand rising for oil and gas and their dwindling stocks, companies and governments are increasingly investing in drones and UUVs.
UUVs in the forecast period will mainly be used for oil and gas exploration, inspection and monitoring pipelines and oil and gas operations. The data that is carried from oil rigs and other offshore platforms provide insights to improve operations, production and efficiency. UUVs inspection of oil pipelines is likely to open doors for new sources of oil and gas. Besides them all, UUVs serve as great damage assessment tools and provide alerts regularly on maintenance. Future trends of UUVs will see them become smarter and operate efficiently with additional infrastructure like corrosive tested technologies, gas detectors and infrared cameras and so on. The market will also see them move from traditional to more flexible, capable and adaptable UUVs. They will all however face challenges like security, networks and connectivity,

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