World Floating Production Report Due Soon

Thursday, April 24, 2003
Douglas-Westwood Limited and Infield Systems will shortly be releasing the new third edition of its World Floating Production Report,covering the period 2003-2007. There are currently 165 prospective installations identified by the Infield database for this 5-year period. These prospects include FPSOs, production semi-submersibles, TLPs and spars, along with production barges and FSOs. The indications are that the floating production sector is primed for strong growth - the number of prospects on screen for 2003-2007 is almost double the number of installations recorded in the 1998-2002 period (96 units). The Report is designed to give a comprehensive account of the main types of floating production system, and evaluates historic and future installations on a global and regional basis. Market analysis based on a project-by-project appraisal of historic and prospective installations over the 1998-2007 period is given, with forecasts of numbers of FPS installations and their associated Capex, broken out by vessel type, region and year of installation. Factors such as vessel supply (conversion, upgrade or newbuild), water depth and order year are also encompassed in our specially developed modelling process. For more details visit www.dw-1.com

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