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Floating Production Market Forecast
Today, 319 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 65% of the existing systems, 74% of systems on order. Another 25 floating LNG processing systems are in service or on order. Liquefaction floaters account for 12%, regasification floaters 88%. No liquefaction floaters are yet in service – all three are on order. In addition, 101 floating storage units are in service, on order or available.
Floating Production
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase. This growth is driven by multiple factors, such as a larger proportion of newbuilds and conversions compared to redeployments, a greater degree…
Floating Production Expenditure set to Double
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase. This growth is driven by multiple factors, such as a larger proportion of newbuilds and conversions compared to redeployments, a greater degree…
Report: $91B Spend on World Floating Production Systems
The Market - Global Floating Production Capex to Double. Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems…
Floating Production Expenditure set to Double
Latin America to account for 29% of installations 2013-2017; FPSOs remain by far the largest segment of the market; Deepwater driving growth, with FPS supply affected by financing…
Global Floating Production Spend To See Huge Growth
Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report. their fleets of floating production systems.