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Subsea Production and Processing Systems (Subsea Umbilicals, Risers, Flowlines) Market Worth $24.6 Billion by 2018 – New Report by MarketsandMarkets

(PRWEB) April 02, 2014

The report “Subsea Production & Processing Systems Market by Technology/Components (Subsea Umbilicals, Risers, Flowlines, Trees, Control Modules, Manifolds), Types (Boosting, Injection, Separation, Compression), & Geography – Global Trends & Forecast to 2018” defines and segments the subsea production and processing systems market with analysis and forecasting of the global revenue.

Browse more than 54 market data tables with 27 figures spread through 249 pages and in-depth TOC on “Subsea Production & Processing Systems Market – Global Trends & Forecast to 2018”:

http://www.marketsandmarkets.com/Market-Reports/subsea-production-processing-systems-market-938.html

Early buyers will receive 10% customization of this report.

Request for free Sample of this Report at http://www.marketsandmarkets.com/requestsample.asp?id=938.

The subsea production and processing systems market is likely to grow reasonably in upcoming years. The long-term drivers of the subsea market are well known. The relentless depletion of onshore and shallow water fields has compelled oil companies to focus on deep water areas where a combination of floating and subsea production units is used to extract hydrocarbons. In recent years, this trend has been reinforced by operators favoring technological risks over political risks, with oil companies preferring to leverage their technological capability in deeper water plays than to engage in places such as Iran and Venezuela that have an unpredictable business environment for investors.

The market has been estimated from demand side. This report breaks the market into smaller product segments. In order to provide a deeper understanding of the competitive landscape, the report profiles 23 companies in the subsea production and processing systems market.

The subsea production and processing systems market is valued at over $ 18 billion in 2013 and is forecasted to grow at a CAGR of 6% from 2013 to 2018 to reach more thant $ 24 billion by 2018. Subsea production systems are the major revenue generating equipment which generated around $ 17 billion revenue in 2013 and is expected to reach more than $ 22 billion by 2018.

Download Sample PDF of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=938.

Browse Related Reports

Floating Production Systems Market By Types (FPSO, TLP, Spar, Barge, Others), Water Depth (Shallow, Deep, and Ultra Deep), Build (New and Converted) & Geography – Global trends and forecasts to 2018

http://www.marketsandmarkets.com/Market-Reports/floating-production-systems-market-223871212.html

Advanced Energy Storage Systems Market by Technology (Pumped Hydro, Compressed Air, Batteries, Flywheels, Supercapacitors), By Applications (Grid Storage & Transportation), & Geography – Global Trends & Forecast to 2018

http://www.marketsandmarkets.com/Market-Reports/advanced-energy-storage-systems-market-1306.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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The Importance Of Teamwork

Teamwork Isn’t Just In Home Building

Whether in the workplace or on the football field, or even amongst members of a community, effective teamwork can produce incredible results. However, working successfully as a team is not as easy as it may seem. Effective teamwork certainly does not just happen automatically; it takes a great deal of hard work and compromise. There are a number of factors that must be in place to cohere together as a team and work seamlessly.

•Good leadership: Effective leadership is one of the most important components of good teamwork. The team’s leader should possess the skills to create and maintain a positive working environment and motivate and inspire the team members to take a positive approach to work and be highly committed. An effective team leader will promote a high level of morale and make them feel supported and valued.

•Clear communication: Communication is a vital factor of all interpersonal interaction and especially that of a team. Team members must be able to articulate their feelings, express plans and goals, share ideas and see each other’s viewpoints.

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•Conflict Resolution: Conflicts will arise no matter how well a team functions together. The best way to counter conflict is to have structured methods of conflict resolution. Team members should be able to voice their concerns without fear of offending others. Instead of avoiding conflict issues, a hands-on approach that resolves them quickly is much better. It is often advised that the team leader sit with the conflicting parties and help work out their differences without taking sides and trying to remain objective if possible.

•Set a good example: The team leader must set a good example for good teamwork to come about. In order to keep team members positive and committed and motivated, the team leader herself/himself needs to exhibit these qualities. The team looks to the leader for support and guidance so any negativity on the leader’s part can be disastrous.

Regardless of what type of sales you are in, you may one day be asked to be part of a team sales effort, and knowing how to effectively work on and with a team is going to be crucial to your success and that of your team.