Global FPSO Market - Analysis by Water Depth, by Type of Product - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386388
  • Report
  • Region: Global
  • 125 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Aker Solutions ASA
  • Bumi Armada Berhad
  • Chevron
  • MODEC
  • Petronas
  • Shell
  • MORE

Floating Production, Storage and Offloading (FPSO) vessel is the most common type of oil and gas floating production system in use today, accounting for over 60% of all floating production systems in the world. FPSOs are either converted from oil tanker.

FPSOs find application especially in fields that are too far offshore for building an economical pipeline infrastructure. Most FPSOs operational today are also capable of operating in harsh environments that offshore fields present. FPSOs have an advantage over fixed production platforms in that, in the case of harsh weather conditions, they can release their mooring and riser turret systems and move away or be towed away. Once the weather returns to normal, the FPSO can return, connect its riser turret and continue production. FPSOs also offer the advantage that they can be deployed in varying water depths, from shallow to deep-water fields. FPSOs make oil extraction from small oil fields feasible. The small quantities of reserves that these fields would not justify the construction of fixed oil platforms.

North and South America are going to lead the market followed by the other regions. This is due to the increase in the investments in the exploration and production, especially in Brazil and Gulf of Mexico, which are acting as the most prospective markets for FPSOs in the Americas. Offshore West Africa, South East Asia, Australia and The North Sea form other important markets. The FPSO market can be segmented into shallow water as well as deep & ultra-deep water based on the water depths that the FPSOs operate at. Another classification of FPSOs can be done on the basis of the basis of the type of product that they produce, into oil, LPG, LNG and others.

The major companies that are discussed in this report include BP, Chevron, SBM Offshore, Shell and MODEC among others.

This report elucidates the current situation of the FPSO market around the world and studies it by product type and water depth. The report is also divided by geography into North America, Europe, Asia Pacific, South America, and Africa & Middle East. The market share of each region is analyzed and an estimate is provided for the next 5 years.

Market Dynamics

Drivers:

  • Growing Energy Demand
  • Elimination of the Need for Pipeline Infrastructure
  • Advantage Over Fixed Systems

Constraints:

  • Volatile Oil Prices
  • Environmental Issues

Opportunities:

  • Opportunities in the Growing Offshore East African Oil & Gas Market
  • Requirement for More Deep-water Oil & Gas Projects

Key Deliverables:

  • Market analysis for the Global FPSO Market, with region specific assessments and competition analysis on global and regional scales
  • Market definition along with the identification of key drivers and restraints
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares
  • Identification and analysis of the macro and micro factors that affect the Global FPSO Market on both global and regional scales
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
  • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aker Solutions ASA
  • Bumi Armada Berhad
  • Chevron
  • MODEC
  • Petronas
  • Shell
  • MORE

1. Executive Summary

2. Research Methodology

3. Market Overview
3.1 Introduction
3.2 Market Demand to 2022
3.3 Recent Developments

4. Market Dynamics
4.1 Drivers
4.1.1 Growing Energy Demand
4.1.2 Elimination of the Need for Pipeline Infrastructure
4.1.3 Advantage Over Fixed Systems
4.2 Constraints
4.2.1 Volatile Oil Prices
4.2.2 Environmental Issues
4.3 Opportunities
4.3.1 Opportunities in the Growing Offshore East African Oil & Gas Market
4.3.2 Requirement for More Deep-water Oil & Gas Projects

5. Supply Chain Analysis

6. Porters Five Forces
6.1 Bargaining Power of Supplier
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitute Products and Services
6.5 Degree of Competition

7. Global FPSO Market Analysis, by Water Depth
7.1 Introduction
7.2 Shallow Water
7.3 Deep & Ultra-deep Water

8. Global FPSO Market Analysis, by Carrier Type
8.1 Converted Ship
8.2 New Build Ship
8.3 Redeployed

9. Global FPSO Market Analysis, by Product Type
9.1 Introduction
9.2 Oil
9.3 LPG
9.4 LNG
9.5 Others

10. Global FPSO Market Analysis, by Geography
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 India
10.2.3 Australia
10.2.4 Malaysia
10.2.5 Indonesia
10.2.6 Others
10.3 North America
10.3.1 U.S.
10.3.2 Canada
10.3.3 Others
10.4 Europe
10.4.1 Norway
10.4.2 United Kingdom
10.4.3 Russia
10.4.4 Others
10.5 Middle East & Africa
10.5.1 Nigeria
10.5.2 Angola
10.5.3 Kingdom of Saudi Arabia
10.5.4 Iran
10.5.5 Others
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Others

11. Key Company Analysis
11.1 BP
11.2 Petronas
11.3 Chevron
11.4 ExxonMobil
11.5 Shell
11.6 Petrobras
11.7 Bumi Armada Berhad
11.8 SBM Offshore
11.9 BW Offshore
11.10 MODEC
11.11 Bluewater Energy Services B.V.
11.12 Aker Solutions ASA
11.13 Yinson Holdings Berhad
11.14 Teekay Corporation
11.15 Others

12. Competitive Landscape
12.1 Mergers & Acquisitions
12.2 Joint Ventures, Collaborations and Agreements
12.3 Market Share Analysis

13. Appendix
13.1 Study Assumptions
13.2 Disclaimer
13.3 Contact Us

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  • Aker Solutions ASA
  • Bluewater Energy Services B.V.
  • BP
  • Bumi Armada Berhad
  • BW Offshore
  • Chevron
  • ExxonMobil
  • MODEC
  • Petrobras
  • Petronas
  • SBM Offshore
  • Shell
  • Teekay Corporation
  • Yinson Holdings Berhad
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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