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Global FPSO Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Water Depth, Hull, Mooring, and Construction

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    Report

  • 179 Pages
  • April 2022
  • Region: Global
  • The Insight Partners
  • ID: 5598048
UP TO OFF until Jun 30th 2024
The FPSO market was valued at US$ 11,911.53 million in 2021 and is expected to reach US$ 21,833.07 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.



As industrial growth and advancement have led to an increased demand for reliable power, there is a growing need for alternative oil sources. This element has a beneficial impact on the global FPSO market size. The market is being stimulated by an expansion in offshore operations such as deep waters and ultra-deep seas due to increased investments in this area. Furthermore, the rising oil & gas consumption is predicted to encourage the development of oil & gas fields. As a result, the global FPSO market is expected to grow. A rise in the development of marginal oil reserves in remote offshore areas is anticipated to fuel the market growth. For example, in 2018, an oil field with an estimated reserve of 170 million barrels of oil was discovered on newly developed Australia's Northwestern Shelf. Thus, the reasons mentioned above are further fueling the FPSO market growth.

Further, the International Energy Agency (IEA) estimates that annual capital investment in Brazil's offshore oil & gas production activities will reach US$ 60 billion by 2040. The potential of FPSO units to operate without the help of a fixed structure will fuel market growth. Furthermore, the capacity of these units to be redeployed to a different oil field after one is exhausted and their resistance to adverse weather conditions would accelerate their deployment. Moreover, the depletion of onshore oil deposits and the high costs of developing infrastructure will promote the deployment of FPSO units as an alternative. The capacity of these units to reduce the cost of oil & gas procurement will expedite their deployment in the future, thereby driving the FPSO market.

Moreover, the increasing strategic initiatives by the major market players are driving the FPSO market. For instance, in May 2019, the Oil and Natural Gas Corporation awarded Bumi Armada a contract for the west coast of Kakinada through its joint venture business Shapoorji Pallonji Bumi Armada Godavari. Under this agreement, Bumi Armada will supply and operate FPSO vessels for nine years. In addition, offshore oil & gas exploration and production have increased significantly. Further, the discoveries of new oil & gas reserves are growing exponentially across the globe. According to Rystad Energy, in 2019, 12.2 billion barrels of oil equivalent were discovered across the world. In 2019, there were 26 recorded discoveries with over 100 barrels of oil equivalent, with offshore regions leading the new oil & gas deposits. Also, two new oil & gas fields were discovered by Saudi Aramco in the northern parts of Saudi Arabia in August 2020. In September 2020, Equinor announced the discovery of new oil & gas fields at the swisher prospect. The company also announced the discovery of two oil fields in the Flemish Pass basin offshore Newfoundland. Thus, the reasons mentioned above are further boosting the FPSO market growth.

Several countries witnessed a significant negative impact of COVID-19 on their demand for overall oil & gas. Hence, the FPSO market witnessed a substantial decline during the early months of 2020. The lockdown negatively impacted the FPSO market in Europe due to disruption in the oil & gas sector across the region. However, several countries in the area are beginning to reopen industry vertical and increase the energy demand, which is expected to resume the construction of oil & gas activities to support the market's growth. For instance, in 2022, Norway's Johan Castberg field development project has resumed, which consists of three oil discoveries - Skrugard, Havis, and Drive, and it is expected to continue till 2046. Thus, the FPSO market is expected to recover steadily in the coming years and gain traction during the later forecast period.

Moreover, the resumption of economic activities is creating a positive impact on the market. Thus, the global market is projected to recover the lack of demand during the coming months and the subsequent years. However, in the post-COVID scenario, the resumption of oil extraction projects is driving the FPSO market.

The FPSO market is segmented based on water depth, hull, mooring, and construction. Based on water depth, the market is segmented into shallow water, deep water, and ultra-deep water. In terms of FPSO market share based on water depth, shallow water segment led the market in 2021. Based on hull, the market is segmented into single hull and double hull. In 2021, the double hull segment led the market and accounted for a larger market share. Based on mooring, the FPSO market is segmented into spread mooring and disconnectable mooring. In 2021, the disconnectable mooring segment led the market and accounted for a larger market share. Based on construction, the FPSO market is segmented newly built and converted. In 2021, the newly built segment led the market and held a larger market share. Geographically, the FPSO market is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). In terms of FPSO market share geographically, SAM dominated the market in 2021.

MODEC, PETROBRAS, BUMI ARMADA, SBM OFFSHORE, CHINA NATIONAL OFFSHORE OIL, ROYAL DUTCH SHELL, EQUINOR ASA, TOTAL, EXXONMOBIL, and BW OFFSHORE are among the key players operating in the global FPSO market.

The overall global FPSO market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the FPSO market. The process also serves the purpose of obtaining an overview and forecast for the FPSO market with respect to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the FPSO market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. FPSO Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. FPSO Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Oil and Gas Production in Deep and Ultra-Deepwater
5.1.2 Rising Number of Offshore Exploration and Production Activities
5.2 Market Restraints
5.2.1 Challenges Faced in FPSO Implementation
5.3 Market Opportunities
5.3.1 Surging Demand for Natural Gas and Crude Oil
5.4 Future Trends
5.4.1 Growing Advancements in Subsea Technologies
6. FPSO Market - Global Market Analysis
6.1 FPSO Market Overview
6.2 FPSO Market Forecast and Analysis
6.3 Market Positioning - Global Key Players
7. FPSO Market Analysis - By Water Depth
7.1 Overview
7.2 FPSO Market, By Water Depth (2020 and 2028)
7.3 Shallow Water
7.3.1 Overview
7.3.2 Shallow Water: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Deep Water
7.4.1 Overview
7.4.2 Deep Water: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Ultra-Deep Water
7.5.1 Overview
7.5.2 Ultra-Deep Water: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
8. FPSO Market Analysis - By Hull
8.1 Overview
8.2 FPSO Market, By Hull (2020 and 2028)
8.3 Single Hull
8.3.1 Overview
8.3.2 Single Hull: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Double Hull
8.4.1 Overview
8.4.2 Double Hull: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
9. FPSO Market Analysis - By Mooring
9.1 Overview
9.2 FPSO Market, By Mooring (2020 and 2028)
9.3 Spread Mooring
9.3.1 Overview
9.3.2 Spread Mooring: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Disconnectable Mooring
9.4.1 Overview
9.4.2 Disconnectable Mooring: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
10. FPSO Market Analysis - By Construction
10.1 Overview
10.2 FPSO Market, By Construction (2020 and 2028)
10.3 Newly Built
10.3.1 Overview
10.3.2 Newly Built: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Converted
10.4.1 Overview
10.4.2 Converted: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
11. FPSO Market - Geographic Analysis
11.1 Overview
11.2 North America: FPSO Market
11.2.1 Overview
11.2.2 North America FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.2.3 North America FPSO Market Breakdown, By Water Depth
11.2.4 North America FPSO Market Breakdown, By Hull
11.2.5 North America FPSO Market Breakdown, By Mooring
11.2.6 North America FPSO Market Breakdown, By Construction
11.2.7 North America FPSO Market Breakdown, by Country
11.2.7.1 US FPSO Market, Revenue and Forecast to 2028
11.2.7.1.1 US FPSO Market Breakdown, by Water Depth
11.2.7.1.2 US FPSO Market Breakdown, by Hull
11.2.7.1.3 US FPSO Market Breakdown, by Mooring
11.2.7.1.4 US FPSO Market Breakdown, by Construction
11.2.7.2 Canada FPSO Market, Revenue and Forecast to 2028
11.2.7.2.1 Canada FPSO Market Breakdown, by Water Depth
11.2.7.2.2 Canada FPSO Market Breakdown, by Hull
11.2.7.2.3 Canada FPSO Market Breakdown, by Mooring
11.2.7.2.4 Canada FPSO Market Breakdown, by Construction
11.2.7.3 Mexico FPSO Market, Revenue and Forecast to 2028
11.2.7.3.1 Mexico FPSO Market Breakdown, by Water Depth
11.2.7.3.2 Mexico FPSO Market Breakdown, by Hull
11.2.7.3.3 Mexico FPSO Market Breakdown, by Mooring
11.2.7.3.4 Mexico FPSO Market Breakdown, by Construction
11.3 Europe: FPSO Market
11.3.1 Overview
11.3.2 Europe FPSO Market Revenue and Forecast to 2028 (US$ million)
11.3.3 Europe FPSO Market Breakdown, By Water Depth
11.3.4 Europe FPSO Market Breakdown, By Hull
11.3.5 Europe FPSO Market Breakdown, By Mooring
11.3.6 Europe FPSO Market Breakdown, By Construction
11.3.7 Europe FPSO Market Breakdown, by Country
11.3.7.1 Germany FPSO Market, Revenue and Forecast to 2028
11.3.7.1.1 Germany FPSO Market Breakdown, by Water Depth
11.3.7.1.2 Germany FPSO Market Breakdown, by Hull
11.3.7.1.3 Germany FPSO Market Breakdown, by Mooring
11.3.7.1.4 Germany FPSO Market Breakdown, by Construction
11.3.7.2 France FPSO Market, Revenue and Forecast to 2028
11.3.7.2.1 France FPSO Market Breakdown, by Water Depth
11.3.7.2.2 France FPSO Market Breakdown, by Hull
11.3.7.2.3 France FPSO Market Breakdown, by Mooring
11.3.7.2.4 France FPSO Market Breakdown, by Construction
11.3.7.3 Italy FPSO Market, Revenue and Forecast to 2028
11.3.7.3.1 Italy FPSO Market Breakdown, by Water Depth
11.3.7.3.2 Italy FPSO Market Breakdown, by Hull
11.3.7.3.3 Italy FPSO Market Breakdown, by Mooring
11.3.7.3.4 Italy FPSO Market Breakdown, by Construction
11.3.7.4 UK FPSO Market, Revenue and Forecast to 2028
11.3.7.4.1 UK FPSO Market Breakdown, by Water Depth
11.3.7.4.2 UK FPSO Market Breakdown, by Hull
11.3.7.4.3 UK FPSO Market Breakdown, by Mooring
11.3.7.4.4 UK FPSO Market Breakdown, by Construction
11.3.7.5 Russia FPSO Market, Revenue and Forecast to 2028
11.3.7.5.1 Russia FPSO Market Breakdown, by Water Depth
11.3.7.5.2 Russia FPSO Market Breakdown, by Hull
11.3.7.5.3 Russia FPSO Market Breakdown, by Mooring
11.3.7.5.4 Russia FPSO Market Breakdown, by Construction
11.3.7.6 Rest of Europe FPSO Market, Revenue and Forecast to 2028
11.3.7.6.1 Rest of Europe FPSO Market Breakdown, by Water Depth
11.3.7.6.2 Rest of Europe FPSO Market Breakdown, by Hull
11.3.7.6.3 Rest of Europe FPSO Market Breakdown, by Mooring
11.3.7.6.4 Rest of Europe FPSO Market Breakdown, by Construction
11.4 APAC: FPSO Market
11.4.1 Overview
11.4.2 APAC FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.3 APAC FPSO Market Breakdown, By Water Depth
11.4.4 APAC FPSO Market Breakdown, By Hull
11.4.5 APAC FPSO Market Breakdown, By Mooring
11.4.6 APAC FPSO Market Breakdown, By Construction
11.4.7 APAC FPSO Market Breakdown, by Country
11.4.7.1 China FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.1.1 China FPSO Market Breakdown, by Water Depth
11.4.7.1.2 China FPSO Market Breakdown, by Hull
11.4.7.1.3 China FPSO Market Breakdown, by Mooring
11.4.7.1.4 China FPSO Market Breakdown, by Construction
11.4.7.2 India FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.2.1 India FPSO Market Breakdown, by Water Depth
11.4.7.2.2 India FPSO Market Breakdown, by Hull
11.4.7.2.3 India FPSO Market Breakdown, by Mooring
11.4.7.2.4 India FPSO Market Breakdown, by Construction
11.4.7.3 Japan FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.3.1 Japan FPSO Market Breakdown, by Water Depth
11.4.7.3.2 Japan FPSO Market Breakdown, by Hull
11.4.7.3.3 Japan FPSO Market Breakdown, by Mooring
11.4.7.3.4 Japan FPSO Market Breakdown, by Construction
11.4.7.4 South Korea FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.4.1 South Korea FPSO Market Breakdown, by Water Depth
11.4.7.4.2 South Korea FPSO Market Breakdown, by Hull
11.4.7.4.3 South Korea FPSO Market Breakdown, by Mooring
11.4.7.4.4 South Korea FPSO Market Breakdown, by Construction
11.4.7.5 Australia FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.5.1 Australia FPSO Market Breakdown, by Water Depth
11.4.7.5.2 Australia FPSO Market Breakdown, by Hull
11.4.7.5.3 Australia FPSO Market Breakdown, by Mooring
11.4.7.5.4 Australia FPSO Market Breakdown, by Construction
11.4.7.6 Rest of APAC FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.4.7.6.1 Rest of APAC FPSO Market Breakdown, by Water Depth
11.4.7.6.2 Rest of APAC FPSO Market Breakdown, by Hull
11.4.7.6.3 Rest of APAC FPSO Market Breakdown, by Mooring
11.4.7.6.4 Rest of APAC FPSO Market Breakdown, by Construction
11.5 MEA: FPSO Market
11.5.1 Overview
11.5.2 MEA FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.5.3 MEA FPSO Market Breakdown, By Water Depth
11.5.4 MEA FPSO Market Breakdown, By Hull
11.5.5 MEA FPSO Market Breakdown, By Mooring
11.5.6 MEA FPSO Market Breakdown, By Construction
11.5.7 MEA FPSO Market Breakdown, By Country
11.5.7.1 Saudi Arabia FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.1.1 Saudi Arabia FPSO Market Breakdown, by Water Depth
11.5.7.1.2 Saudi Arabia FPSO Market Breakdown, by Hull
11.5.7.1.3 Saudi Arabia FPSO Market Breakdown, by Mooring
11.5.7.1.4 Saudi Arabia FPSO Market Breakdown, by Construction
11.5.7.2 UAE FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.2.1 UAE FPSO Market Breakdown, by Water Depth
11.5.7.2.2 UAE FPSO Market Breakdown, by Hull
11.5.7.2.3 UAE FPSO Market Breakdown, by Mooring
11.5.7.2.4 UAE FPSO Market Breakdown, by Construction
11.5.7.3 South Africa FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.3.1 South Africa FPSO Market Breakdown, by Water Depth
11.5.7.3.2 South Africa FPSO Market Breakdown, by Hull
11.5.7.3.3 South Africa FPSO Market Breakdown, by Mooring
11.5.7.3.4 South Africa FPSO Market Breakdown, by Construction
11.5.7.4 Rest of MEA FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.5.7.4.1 Rest of MEA FPSO Market Breakdown, by Water Depth
11.5.7.4.2 Rest of MEA FPSO Market Breakdown, by Hull
11.5.7.4.3 Rest of MEA FPSO Market Breakdown, by Mooring
11.5.7.4.4 Rest of MEA FPSO Market Breakdown, by Construction
11.6 SAM: FPSO Market
11.6.1 Overview
11.6.2 SAM FPSO Market, Revenue and Forecast to 2028 (US$ million)
11.6.3 SAM FPSO Market Breakdown, By Water Depth
11.6.4 SAM FPSO Market Breakdown, By Hull
11.6.5 SAM FPSO Market Breakdown, By Mooring
11.6.6 SAM FPSO Market Breakdown, By Construction
11.6.7 SAM FPSO Market Breakdown, by Country
11.6.7.1 Brazil FPSO Market, Revenue and Forecast to 2028
11.6.7.1.1 Brazil FPSO Market Breakdown, by Water Depth
11.6.7.1.2 Brazil FPSO Market Breakdown, by Hull
11.6.7.1.3 Brazil FPSO Market Breakdown, by Mooring
11.6.7.1.4 Brazil FPSO Market Breakdown, by Construction
11.6.7.2 Argentina FPSO Market, Revenue and Forecast to 2028
11.6.7.2.1 Argentina FPSO Market Breakdown, by Water Depth
11.6.7.2.2 Argentina FPSO Market Breakdown, by Hull
11.6.7.2.3 Argentina FPSO Market Breakdown, by Mooring
11.6.7.2.4 Argentina FPSO Market Breakdown, by Construction
11.6.7.3 Rest of SAM FPSO Market, Revenue and Forecast to 2028
11.6.7.3.1 Rest of SAM FPSO Market Breakdown, by Water Depth
11.6.7.3.2 Rest of SAM FPSO Market Breakdown, by Hull
11.6.7.3.3 Rest of SAM FPSO Market Breakdown, by Mooring
11.6.7.3.4 Rest of SAM FPSO Market Breakdown, by Construction
12. Impact of COVID-19 Pandemic on Global FPSO Market
12.1 Overview
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Middle East & Africa
12.6 South America
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 MODEC, Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Petrobras
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Bumi Armada Berhad
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 SBM Offshore
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 CNOOC Limited
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Energies
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 EXXON MOBIL CORPORATION
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 BW Offshore
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Equinor ASA
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Shell plc
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
List of Tables
Table 1. FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America FPSO Market, Revenue and Forecast To 2028 - By Water Depth (US$ million)
Table 3. North America FPSO Market, Revenue and Forecast To 2028 - By Hull (US$ million)
Table 4. North America FPSO Market, Revenue and Forecast To 2028 - By Mooring (US$ million)
Table 5. North America FPSO Market, Revenue and Forecast To 2028 - By Construction (US$ million)
Table 6. North America FPSO Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 7. US FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 8. US FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 9. US FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 10. US FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 11. Canada FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 12. Canada FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 13. Canada FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 14. Canada FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 15. Mexico FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 16. Mexico FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 17. Mexico FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 18. Mexico FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 19. Europe FPSO Market, Revenue and Forecast To 2028 - By Water Depth (US$ million)
Table 20. Europe FPSO Market, Revenue and Forecast To 2028 - By Hull (US$ million)
Table 21. Europe FPSO Market, Revenue and Forecast To 2028 - By Mooring (US$ million)
Table 22. Europe FPSO Market, Revenue and Forecast To 2028 - By Construction (US$ million)
Table 23. Europe FPSO Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 24. Germany FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 25. Germany FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 26. Germany FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 27. Germany FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 28. France FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 29. France FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 30. France FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 31. France FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 32. Italy FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 33. Italy FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 34. Italy FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 35. Italy FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 36. UK FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 37. UK FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 38. UK FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 39. UK FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 40. Russia FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 41. Russia FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 42. Russia FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 43. Russia FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 44. Rest of Europe FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 45. Rest of Europe FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 46. Rest of Europe FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 47. Rest of Europe FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 48. APAC FPSO Market, Revenue and Forecast To 2028 - By Water Depth (US$ million)
Table 49. APAC FPSO Market, Revenue and Forecast To 2028 - By Hull (US$ million)
Table 50. APAC FPSO Market, Revenue and Forecast To 2028 - By Mooring (US$ million)
Table 51. APAC FPSO Market, Revenue and Forecast To 2028 - By Construction (US$ million)
Table 52. APAC FPSO Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 53. China FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 54. China FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 55. China FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 56. China FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 57. India FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 58. India FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 59. India FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 60. India FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 61. Japan FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 62. Japan FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 63. Japan FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 64. Japan FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 65. South Korea FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 66. South Korea FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 67. South Korea FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 68. South Korea FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 69. Australia FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 70. Australia FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 71. Australia FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 72. Australia FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 73. Rest of APAC FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 74. Rest of APAC FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 75. Rest of APAC FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 76. Rest of APAC FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 77. MEA FPSO Market, Revenue and Forecast To 2028 - By Water Depth (US$ million)
Table 78. MEA FPSO Market, Revenue and Forecast To 2028 - By Hull (US$ million)
Table 79. MEA FPSO Market, Revenue and Forecast To 2028 - By Mooring (US$ million)
Table 80. MEA FPSO Market, Revenue and Forecast To 2028 - By Construction (US$ million)
Table 81. MEA FPSO Market, Revenue and Forecast to 2028 - By Country (US$ million)
Table 82. Saudi Arabia FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 83. Saudi Arabia FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 84. Saudi Arabia FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 85. Saudi Arabia FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 86. UAE FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 87. UAE FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 88. UAE FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 89. UAE FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 90. South Africa FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 91. South Africa FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 92. South Africa FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 93. South Africa FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 94. Rest of MEA FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 95. Rest of MEA FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 96. Rest of MEA FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 97. Rest of MEA FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 98. SAM FPSO Market, Revenue and Forecast To 2028 - By Water Depth (US$ million)
Table 99. SAM FPSO Market, Revenue and Forecast To 2028 - By Hull (US$ million)
Table 100. SAM FPSO Market, Revenue and Forecast To 2028 - By Mooring (US$ million)
Table 101. SAM FPSO Market, Revenue and Forecast To 2028 - By Construction(US$ million)
Table 102. SAM FPSO Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 103. Brazil FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 104. Brazil FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 105. Brazil FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 106. Brazil FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 107. Argentina FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 108. Argentina FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 109. Argentina FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 110. Argentina FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
Table 111. Rest of SAM FPSO Market, Revenue and Forecast to 2028 - By Water Depth (US$ million)
Table 112. Rest of SAM FPSO Market, Revenue and Forecast to 2028 - By Hull (US$ million)
Table 113. Rest of SAM FPSO Market, Revenue and Forecast to 2028 - By Mooring (US$ million)
Table 114. Rest of SAM FPSO Market, Revenue and Forecast to 2028 - By Construction (US$ million)
List of Figures
Figure 1. FPSO Market Segmentation
Figure 2. FPSO Market Segmentation - By Geography
Figure 3. Global FPSO Market Overview
Figure 4. Shallow Water Segment held the Largest Share of FPSO Market
Figure 5. Disconnectable Mooring Segment held the Largest Share of FPSO Market
Figure 6. Double Hull Segment held the Largest Share of FPSO Market
Figure 7. Newly Built Segment held the Largest Share of FPSO Market
Figure 8. North Anerica to Show Great Traction During Forecast Period
Figure 9. North America - PEST Analysis
Figure 10. Europe - PEST Analysis
Figure 11. Asia-Pacific- PEST Analysis
Figure 12. MEA: PEST Analysis
Figure 13. South America- PEST Analysis
Figure 1. FPSO Market- Ecosystem Analysis
Figure 2. FPSO Market: Impact Analysis of Drivers and Restraints
Figure 3. FPSO Market - Geographic Analysis
Figure 4. FPSO Market Forecast and Analysis (US$ Million)
Figure 5. FPSO Market Revenue Share, by Water Depth (2020 and 2028)
Figure 6. Shallow Water: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 7. Deep Water: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 8. Ultra-Deep Water: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 9. FPSO Market Revenue Share, by Hull (2020 and 2028)
Figure 10. Single Hull: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Double Hull: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. FPSO Market Revenue Share, by Mooring (2020 and 2028)
Figure 13. Spread Mooring: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Disconnectable Mooring: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. FPSO Market Revenue Share, by Construction (2020 and 2028)
Figure 16. Newly Built: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Converted: FPSO Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Global FPSO Market Revenue Share, by Region (2020 and 2028)
Figure 19. North America FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 20. North America FPSO Market Breakdown, By Water Depth, 2020 & 2028 (%)
Figure 21. North America FPSO Market Breakdown, By Hull, 2020 & 2028 (%)
Figure 22. North America FPSO Market Breakdown, By Mooring, 2020 & 2028 (%)
Figure 23. North America FPSO Market Breakdown, By Construction, 2020 & 2028 (%)
Figure 24. North America FPSO Market Breakdown, by Country, 2020 & 2028 (%)
Figure 25. US FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 26. Canada FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 27. Mexico FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 28. Europe FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 29. Europe FPSO Market Breakdown, By Water Depth, 2020 & 2028 (%)
Figure 30. Europe FPSO Market Breakdown, By Hull, 2020 & 2028 (%)
Figure 31. Europe FPSO Market Breakdown, By Mooring, 2020 & 2028 (%)
Figure 32. Europe FPSO Market Breakdown, By Construction, 2020 & 2028 (%)
Figure 33. Europe FPSO Market Breakdown, by Country, 2018 & 2027(%)
Figure 34. Germany FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 35. France FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 36. Italy FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 37. UK FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 38. Russia FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 39. Rest of Europe FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 40. APAC FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 41. APAC FPSO Market Breakdown, By Water Depth, 2020 & 2028 (%)
Figure 42. APAC FPSO Market Breakdown, By Hull, 2020 & 2028 (%)
Figure 43. APAC FPSO Market Breakdown, By Mooring, 2020 & 2028 (%)
Figure 44. APAC FPSO Market Breakdown, By Construction, 2020 & 2028 (%)
Figure 45. APAC FPSO Market Breakdown, by Country, 2020 & 2028 (%)
Figure 46. China FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 47. India FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 48. Japan FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 49. South Korea FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 50. Australia FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 51. Rest of APAC FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 52. MEA FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 53. MEA FPSO Market Breakdown, By Water Depth, 2020 & 2028 (%)
Figure 54. MEA FPSO Market Breakdown, By Hull, 2020 & 2028 (%)
Figure 55. MEA FPSO Market Breakdown, By Mooring, 2020 & 2028 (%)
Figure 56. MEA FPSO Market Breakdown, By Construction, 2020 & 2028 (%)
Figure 57. MEA FPSO Market Breakdown, By Country, 2020 & 2028 (%)
Figure 58. Saudi Arabia FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 59. UAE FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 60. South Africa FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 61. Rest of MEA FPSO Market, Revenue and Forecast To 2028 (US$ million)
Figure 62. SAM FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 63. SAM FPSO Market Breakdown, By Water Depth, 2020 & 2028 (%)
Figure 64. SAM FPSO Market Breakdown, By Hull, 2020 & 2028 (%)
Figure 65. SAM FPSO Market Breakdown, By Mooring, 2020 & 2028 (%)
Figure 66. SAM FPSO Market Breakdown, By Construction, 2020 & 2028 (%)
Figure 67. SAM FPSO Market Breakdown, by Country, 2020 & 2028 (%)
Figure 68. Brazil FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 69. Argentina FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 70. Rest of SAM FPSO Market, Revenue and Forecast to 2028 (US$ million)
Figure 71. Impact of COVID-19 Pandemic in North America
Figure 72. Impact of COVID-19 Pandemic in Europe
Figure 73. Impact of COVID-19 Pandemic in Asia-Pacific
Figure 74. Impact of COVID-19 Pandemic on the Middle East & Africa Country Markets
Figure 75. Impact of COVID-19 Pandemic in South America Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • MODEC, Inc.
  • Petrobras
  • Bumi Armada Berhad
  • SBM Offshore
  • CNOOC Limited
  • Total Energies
  • EXXON MOBIL CORPORATION
  • BW Offshore
  • Equinor ASA
  • Shell plc

Table Information