FPSO Market Report 2009-2013

Friday, June 26, 2009

Floating production has proved a cost-effective method of developing both marginal and world-class offshore fields worldwide. As the offshore industry continues to progress into deeper waters these systems are also a key enabler for the production of hydrocarbons in ever-increasing water depths.  In the past five years, 93 floating production units of varying types have been installed. In the next five years, we forecast the installation of 121 floaters. The World Floating Production Market Report provides an essential overview of current and future prospects over the 2009-2013 period and forecasts expenditure in what is now a multi-billion dollar business.

The World Floating Production Market Report 2009-2013 by energy business consultants Douglas-Westwood provides the industry executive with an overview of future prospects within the floating production sector.

The report covers all types of floaters; FPSOs, FPSSs, spars, TLPs, etc. and is unique in providing an essential understanding of the FPS business, the technology and a forecast of global markets. It analyses historic and future FPS installations over the period 2004-2013 by region, operator, water depth and vessel type.

The report looks at the technologies involved in each sector of the floating production industry.  The economic rationale for use of floaters and their evolution is explained. The current floating production market is analysed together with factors affecting supply and demand including re-deployment issues and regional disparities.

Existing designs of floater and new innovative concepts are described, together with the factors driving innovation in this dynamic market sector. The World Floating Production Market Report uses a specially developed market model and proprietary data to generate forecasts of numbers of floating production systems in each region of the world.

Data is shown by region and covers the period to 2013. Expenditure is shown allocated both to year of order and year of installation. A major factor in determining future FPSO expenditure is whether fields will be developed by upgrading and re-deploying existing units, by tanker conversions or by newbuilds. The report provides estimates of levels of future activity and expenditure in each of these categories.

The report provides essential information for decision-makers in oil companies and in the contracting and supply industries, government departments and financial institutions.

Douglas-Westwood carries out market research, analysis & strategy work for the international energy & maritime industries. Analysis has included the world market potential for all the significant sectors of the offshore energy industry.

(www.dw-1.com)

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