Performance monitor for subsea equipment

The present invention relates to a system and method for monitoring subsea equipment performance and for providing early warning for equipment maintenance, comprising at least one sensor coupled to said equipment and arranged to measure at least one performance indicator value and a calculation unit for sampling the measured indicator values at a chosen rate, and from the sampled data estimating a likely future development of the sampled value and estimating the time for the passing of a chosen threshold value, the threshold value being a critical value requiring repair of replacements of said equipment, the system being adapted to provide a signal indicating the calculated time of repair/replacement.