Amid the disconcerting economic news of the past several years, a quiet revolution has been taking place. Pre-engineered, capital-efficient solutions are carving a niche in the industry product roster. This is in direct response to operators’ need for qualified, field-proven, flexible solutions at lower cost than bespoke solutions that leverage the lessons learned of the past to ensure future reliability.
Major operators and independents are embracing these capital-efficient designs as a project viability enabler. In the words of one major subsea operator, standardization is the new innovation.