Theoffshore industry requires continued development of new technologies in orderto produceoil in regions, which are inaccessible to exploit with the existingtechnologies. Sometimes,the cost of production with the existing know-how makes it unattractive. With thedepletion of onshore and offshore shallow water reserves, the exploration and productionof oil in deep water has become a challenge to the offshore industry. Offshore explorationand production of minerals is advancing into deeper waters at a fast pace. Many deep water structures have already been installed worldwide. Many of thesefields aresmall and their economic development is a challenge today to the offshoreengineers.Thishas initiated the development of new structures and concepts. Many of thesestructures areunique in many respects and their efficient and economic design andinstallation are a challengeto the offshore community. SBG supplies complete range of offshore high strengthsteel plates and their metallurgical solution for welding, heat treatment and forming.
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