Global Floating Production Storage and Offloading Market 2017-2021 - Product Image

Global Floating Production Storage and Offloading Market 2017-2021

  • ID: 4420433
  • Report
  • Region: Global
  • 78 pages
  • TechNavio
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FEATURED COMPANIES

  • Bluewater
  • Bumi Armada
  • BW Offshore
  • MISC Berhad
  • MODEC
  • Petrobras
  • MORE
About Floating Production Storage and Offloading

Floating production storage and offloading vessels are offshore production facilities that club both storage and processing equipment for produced hydrocarbons. The basic design of most floating production storage and offloading vessel comprises a boat molded vessel with processing equipment or topsides on the vessel's deck and hydrocarbon storage underneath the dual hull. Floating production storage and offloading vessels store oil or gas after processing and periodically shuttle it to tankers.

The analysts forecast the global floating production storage and offloading market to grow at a CAGR of 4.91% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global floating production storage and offloading market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Floating Production Storage and Offloading Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bumi Armada
  • BW Offshore
  • MODEC
  • Petrobras
  • SBM Offshore
Other prominent vendors
  • Bluewater
  • MISC Berhad
  • Saipem
  • Teekay
  • Yinson Holdings
Market drivers
  • Increasing popularity of floating production storage and offloading vessels
  • For a full, detailed list, view the full report
Market challenges
  • Increasing use of renewable energy
  • For a full, detailed list, view the full report
Market trends
  • Rise in the number of deepwater and ultra-deepwater drilling projects
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Bluewater
  • Bumi Armada
  • BW Offshore
  • MISC Berhad
  • MODEC
  • Petrobras
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market definition
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY WATER DEPTH
  • Segmentation by water depth
  • Comparison by water depth
  • Shallow water – Market size and forecast 2016-2021
  • Deepwater – Market size and forecast 2016-2021
  • Ultra-deepwater – Market size and forecast 2016-2021
  • Market opportunity by water depth
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • EMEA – Market size and forecast 2016-2021
  • APAC – Market size and forecast 2016-2021
  • Americas – Market size and forecast 2016-2021
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Rise in the number of deepwater and ultra-deepwater drilling projects
  • Shift in preference toward new built floating production storage and offloading
  • Development of floating LNG
PART 13: VENDOR LANDSCAPE
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendor overview
  • Bumi Armada
  • BW Offshore
  • MODEC
  • Petrobras
  • SBM Offshore
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global floating production system market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - inclusions and exclusions checklist
Exhibit 06: Global – Market size and forecast 2016-2021 (units)
Exhibit 07: Global – Year over year growth 2017-2021 (%)
Exhibit 08: Five forces analysis
Exhibit 09: Global floating production storage and offloading market segmentation by water depth, 2016-2021 (%)
Exhibit 10: Comparison by water depth
Exhibit 11: Shallow water – Market size and forecast 2016-2021 (units)
Exhibit 12: Shallow water – Year over year growth 2017-2021 (%)
Exhibit 13: Deepwater – Market size and forecast 2016-2021 (units)
Exhibit 14: Deepwater – Year over year growth 2017-2021 (%)
Exhibit 15: Ultra-deepwater – Market size and forecast 2016-2021 (units)
Exhibit 16: Ultra-deepwater – Year over year growth 2017-2021 (%)
Exhibit 17: Market opportunity by water depth
Exhibit 18: Global – Market share 2016-2021 (%)
Exhibit 19: Regional comparison
Exhibit 20: EMEA – Market size and forecast 2016-2021 (units)
Exhibit 21: EMEA – Year over year growth 2017-2021 (%)
Exhibit 22: APAC – Market size and forecast 2016-2021 (units)
Exhibit 23: APAC – Year over year growth 2017-2021 (%)
Exhibit 24: Americas – Market size and forecast 2016-2021 (units)
Exhibit 25: Americas – Year over year growth 2017-2021 (%)
Exhibit 26: Key leading countries
Exhibit 27: Global liquid fuel consumption 2007-2018 (mbpd)
Exhibit 28: Global renewable investments 2000-2016 ($ billions)
Exhibit 29: Global crude oil price 2007-2016 ($/bbl)
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FEATURED COMPANIES

  • Bluewater
  • Bumi Armada
  • BW Offshore
  • MISC Berhad
  • MODEC
  • Petrobras
  • MORE
New Report Released: – Global Floating Production Storage and Offloading Market 2017-2021

The author of the report recognizes the following companies as the key players in the global floating production storage and offloading market: Bumi Armada, BW Offshore, MODEC, Petrobras, and SBM Offshore.

Other Prominent Vendors in the market are: Bluewater, MISC Berhad, Saipem, Teekay, and Yinson Holdings.

Commenting on the report, an analyst from the research team said: “One trend in the market is rise in the number of deepwater and ultra-deepwater drilling projects. As per the US Energy Information Administration, the current oil shock resulted in crude oil price as low as $30.70/bbl. in January 2016, which was the lowest since 2003. As on August 2017, the crude oil price has recovered to $51.70/bbl. Deepwater and ultra-deepwater projects on an average require the oil price to stay above $60/bbl. mark to remain profitable.”

According to the report, one driver in the market is increasing popularity of floating production storage and offloading vessels. Floating production storage and offloading vessels have been in use in the oil and gas industry for over three decades. Such vessels are effective solutions for subsea or deepwater drilling because laying down pipeline infrastructure for offshore production platforms can be very expensive. FPSOs are economical in small and marginal oil fields that deplete in a few years and therefore installing a fixed platform is not cost-effective. With floating production storage and offloading vessels in place, there is no requirement to lay down long-distance pipelines from the oil well to the onshore field.

Further, the report states that one challenge in the market is increasing use of renewable energy. Renewables have now become cost-competitive with fossil fuels and are being used as primary sources of energy in many countries. As per Eurostat, the share of renewables in the gross primary energy consumption in the EU nations is expected to rise by 4% during 2015-2020, owing to supportive government regulations. In 2016, renewable energy accounted for more than 50% share of the energy mix in many countries in Europe, including Norway, Iceland, and Sweden. This is attributed to the imposition of stringent emission norms by the governments all across Europe.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Bumi Armada
  • BW Offshore
  • MODEC
  • Petrobras
  • SBM Offshore
  • Bluewater
  • MISC Berhad
  • Saipem
  • Teekay
  • Yinson Holdings
Note: Product cover images may vary from those shown
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