Insight
The future of the global FPSO market
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Report summary
Increasing levels of activity in the world's deepwater markets will lead to a growth in demand for high-spec floating production storage and offloading units (FPSOs) over the next decade. Despite the robust outlook, there are a number of challenges. The continued increase in FPSO complexity will put additional pressure on project lead times, costs and the supply chain.
What's included
This report contains
Table of contents
- Global FPSO markets
- Future demand driven by Brazil and West Africa
- Reserves being developed from FPSOs
- FPSO construction and ownership
- Near-term market for leased FPSOs will be tight
- Local content is also a major concern
- Conclusion
Tables and charts
This report includes 10 images and tables including:
Images
- The future of the global FPSO market: Image 1
- The future of the global FPSO market: Image 2
- Annual global market - commissioned FPSOs by water depth*
- Global demand for FPSOs by region through 2020
- Regional distribution of probable FPSO projects by average water depth and average field size
- FPSO production capacity vs. topside weight
- Leased vs. Owned FPSOs (onstream) by peer group
- The future of the global FPSO market: Image 8
- Egina project economics*
Tables
- Projects expected to be sanctioned in the next two years
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