GMC in the News Following the Deepwater Symposium Event: Houston Chronicle

Deep water oil finds raise the pressure to reduce cost
By Collin Eaton

“… One thing that may help on the cost side is increasing standardization of subsea equipment, a theme that came up this week in quarterly earning calls and Thursday at a deep-water technology conference in Houston. The industry also is looking at more modular equipment, designed to join into various configurations without costly welding … ”

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