The global market for oil & gas Subsea Umblicals, Risers and Flowlines (SURF) is projected to grow at over 12 percent during the period 2016-2021, because of the rising output from offshore fields.
Offshore field development requires SURF to be installed to bring oil or gas from seabed to surface processing. Europe is the largest regional market for global oil and gas SURF market, and Norway is a pioneer in developing offshore fields.
Nigeria and Angola are hubs for offshore oil and gas exploration with most of the major oil and gas companies eyeing stake in those acreages.
PARCOL is a company leader for control valves, steam desuperheating systems and safety valves. In the Oil & Gas sector, the company provides solutions for: compressor antisurge, pump minimum recirculation flow, gas to flare, emergency steam vents, high pressure let down, auxiliary power unit. For more information visit the website www.parcol.com.