The growing market for small and marginal field projects requires a new hardware solution. A new entry in the subsea market improves NPV of small, marginal fields by accelerating production and lowering capital expenditure. When evaluating the viability of a project, oilfield executives are driven by two critical metrics: project cash requirements and net present value (NPV) calculations. In simple terms, they authorize the project costs based on the revenue stream and schedule first oil or gas.
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