Global FPS Market Forecast
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Global FPS Market Forecast


Global FPS Market Forecast

The new edition of The World Floating Production Market Report from energy business analysts Douglas-Westwood forecasts a strong increase in expenditure over the next few years, driven by a new surge in installations. Indeed, the report predicts that more than 100 floating production systems will be installed worldwide over the 2010-2014 period at a total value of approximately $45 billion.

Floating Production is firmly established as a cost-effective method of developing marginal and world-class deepwater fields around the globe. Indeed, the technology has become a key enabler as the oil and gas industry continues to increase its reliance on deepwater reserves. In this context, The World Floating Production Market Report 2010-2014 provides an essential overview of current and future prospects.

The report uses a specifically developed market model and proprietary data to generate forecasts of floating production system numbers in each region of the world. Expenditure is allocated both to year of order and year of installation. In addition, it provides unit and expenditure forecasts for the various floating production systems available on the market today - including Floating Production Storage & Offloading vessels (FPSOs), semi-submersible FPS, Tension Leg Platforms (TLPs) and Spars. The report also includes an analysis of the "Obama drilling moratorium" on the global FPS business.

The World Floating Production Market Report 2010-2014 profiles over 70 companies involved in the FPS sector, while looking at key FPS drivers, such as extended well tests, early production systems, life-of-field production and offshore development hubs. It is illustrated throughout with a selection of real-world examples and detailed case studies.

The report contains detailed analysis of the FPS supply chain. It examines the small independent companies that provide specialist components and services, through to the multi-national companies that offer large-scale facilities. Particular attention is paid to hull construction, propulsion & dynamic positioning and topside assembly - while also highlighting potential barriers to construction. It also examines trends such as the growing adoption of modular FPSs and the emergence of circular hull designs.


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