Underwater Security Market

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Date Submitted: 08/17/2015 01:03 AM

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Global energy demand is expected to rise by as much as 50 percent over the next 25 years. This combined with

depletion of existing fossil fuel reserves will mean extensive exploration and production activities by the offshore oil

and gas industry in the years to come. 75 percent of this increased requirement is expected to come from the

developing world. Security provides industries the freedom to find, develop and manage assets and to deliver

services and supplies without interference. Being secure is a result of having the correct strategy through innovative

technology, supported by rigorous systems management. Even a simple standalone offshore well site’s risk

assessment must consider type of fluids produced, well pressure, directional configuration, measured depth and

vertical depth, water access, location, sub-surface safety valve, well maturity and reserves, damage containment,

and possible collateral damage. There is a growing trend towards the use of remote control centers. These require

continuous monitoring, with the concept of the digital field wholly dependent on guaranteed secure

communications. Solution providers are expected to provide innovative cyber solutions at competitive prices by

unifying the portfolios against bundled attacks.

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Some of the major forces...