Dec 11, 2014

Going Ultra-deep: GE Opens $500M Subsea Oil and Gas R&D Center in Brazil « Breaking Energy - Energy industry news, analysis, and commentary

When you consider how much of the globe is covered by water it’s easy to see why some say the future of oil & gas production lies offshore in ultra-deep water. But while hydrocarbons are likely to be found in these locations, projects built to extract them can be more challenging than some space missions – and command larger budgets. With this in mind, GE today announced its launching a major...

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