deep water

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deep water

[′dēp ′wȯd·ər]
(oceanography)
An ocean area where depth of the water layer is greater than one-half the wave length.
References in periodicals archive ?
We are excited by the progress that we have jointly made with Shell on all four high-specification, ultra-deepwater drillships, including the Deepwater Thalassa, which was delivered this September, and the Deepwater Proteus, which is scheduled for delivery this December.
235 tables, charts, and graphs analysing the Deepwater & Ultra Deepwater E&P market prospects - Why struggle to find key market data?
Learn about the market potential for Deepwater & Ultra Deepwater E&P companies in the developed and developing regions, from 2014 onwards.
Report author Balwinder Rangi said, "Africa and the Americas continue to dominate deepwater capital expenditure (Capex), with $213 billion set to be spent over the next five years.
Collins said this "network-centric system" will go a long way toward enhancing the Coast Guard's coastal and deepwater maritime capabilities, as well as its ability to conduct surveillance and tracking--all vital to the Service's missions.
Recognizing this, the Coast Guard has established a dedicated deepwater international staff to educate prospective foreign customers on the capabilities, platforms, and systems that the program will generate.
The management at CCR believes that deepwater offshore regions are expected to supply an increasing percentage of the world's demand for hydrocarbons.
Another Texaco-led consortium has also formed a partnership with Petrobras that will invest an initial $50 million to explore for oil--as opposed to developing already-discovered finds--in another Campos Basin deepwater area near Roncador.
The new report* states that the search for hydrocarbons in more challenging areas has been on the rise, as advances in drilling technologies have led to the discovery of giant deepwater oil and natural gas fields worldwide, prompting ambitious International Oil Companies (IOCs) and National Oil Companies (NOCs) drill in remote offshore areas in search of fresh fossil fuel reserves.
1 Global Deepwater and Ultra Deepwater Market Overview 1.
The report notes that Brazil is likely to experience substantial growth, exceeding Africa's deepwater expenditure towards the end of the forecast period, with activity driven by Petrobras's development of its presalt Campos and Santos fields.
This new report shows that the deepwater GoM continues to play a vital role in the US's energy security, contributing substantially to the country's total oil production.