Global FPSO Market,Industry Analysis,Trends and Forecast 2017 - 2021

FPSOs consist of offloading facilities for the purpose of transporting processed oil and gas to onshore receiving facilities through a shuttle tanker.

A floating, production, storage and offloading (FPSO) vessel are a type of floating production system used for offshore production, storage and offloading of oil and gas. Generally, a FPSO vessel is a converted oil tanker, or a newly constructed FPSO unit. A FPSO is often similar in appearance to a ship, equipped with production and processing facilities onboard. Furthermore, FPSOs consist of offloading facilities for the purpose of transporting processed oil and gas to onshore receiving facilities through a shuttle tanker.

Request For Sample Report : http://www.mrrse.com/sample/1413

FPSO market is expected to see a robust growth during the forecast period attributed to the rising investment in offshore oil and gas exploration, especially in deepwater (500 to 1,499 meters) and ultra-deepwater (1,500 meters and above). Depleting present oil and gas fields globally is leading to rising concern for exploration of new oil and gas reserves for the purpose of meeting future energy requirements. Due to this factor, the oil and gas exploration companies have pushed exploration of oil and gas, from onshore to offshore, which in turn is driving the FPSO market growth. Furthermore, requirement of high investment or capital expenditure and technical challenges involved in installation of fixed production platforms or infrastructures in remote locations is driving the FPSO market growth. Additionally, ability of FPSOs to sustain harsh working environment and capability of FPSO to be moored at different locations after depletion of existing operating oil field is further driving the demand for FPSOs from oil and gas producers across the globe.

However, high capital expenditure requirement for construction or building of a new FPSO vessel is restraining the market growth. Moreover, volatile oil prices is affecting the flow of cash in the FPSO industry, limiting the market growth. Additionally, rising environmental concern related to the pollution caused by oil spills due to leakage and damage of a FPSO vessel is further restricting the growth of FPSO market during the forecast period. Moreover, legal complexities over proposed field and local content requirements is leading to delay in project execution and cost overruns, restraining the market growth.

Key opportunity of the global FPSO market lies in conversion of oil tankers, refurbishment and upgrades of FPSOs. Presently, majority of the FPSO contracts between FPSO providers and oil companies are based on the lease and operate structure. To meet the complex requirement for building and construction of advanced FPSOs, opportunities lies in collaboration and partnership among various players present in different stages of the value chain of FPSO industry.

This market research study analyzes the global FPSO market and provides estimates in terms of revenue (USD Billion) from 2015 to 2021. It recognizes the drivers, restraints and opportunities affecting the industry and analyzes their impact over the forecast period.

Browse Full Report With TOC : http://www.mrrse.com/fpso-market

By geography, market is segmented into Americas, Europe, Asia, Africa and Oceania. In addition, the report segments the market based on the type, which include converted, new-build and redeployed. It also segments the market on the basis of water depth as shallow water (up to 499 meters), deepwater (500 meters to 1,499 meters) and ultra-deepwater (1,500 meters and above). All these segments have also been estimated on the basis of geography.

For better understanding of the global FPSO market, key trend analysis is also provided. Furthermore, the study comprises a market attractiveness analysis, where the types of FPSOs are benchmarked based on their market scope, growth rate and general attractiveness.

The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company overview, financial overview, business strategies, and the recent developments in the field of FPSO. Major market participants profiled in this report include MODEC, Inc. (Japan), SBM Offshore N.V. (Netherlands), BW Offshore (Norway), Bluewater Energy Services B.V.(Netherlands), Aker Solutions ASA (Norway), Hyundai Heavy Industries Co., Ltd. (South Korea), Bumi Armada Berhad (Malaysia), Yinson Holdings Berhad (Malaysia), Teekay Corporation (Bermuda) and Samsung Heavy Industries Co., Ltd.

Global FPSO Market: By Type

Converted
New-build
Redeployed
Global FPSO Market: By Water Depth

Shallow water
Deepwater
Ultra-deepwater
Global FPSO Market: By Geography

Americas
S.
Canada
Mexico
Brazil
Europe
K.
Norway
Italy
Asia
India
China
Southeast Asia
Africa
West Africa
Rest of Africa
Oceania
Australia
New Zealand
The report provides a cross-sectional analysis of all the above segments with respect to the following regions:

Americas
Europe
Asia
Africa
Oceania
Send An Enquiry : http://www.mrrse.com/enquiry/818

About Us


Contact


Contact Details

Company Name: MRRSE
Issued By: Bharat
Phone: 5187300559
Address: State Tower 90, State Street Suite 700 Albany, NY - 12207
City: Albany
State: New York
Zip: 12207
Country: United States
Website: Visit the website

Keywords : FPSO Market Trends,

by Bharat (few months ago!)

Latest Press Releases

Global Food Additives Market - Global Industry Insights ,Industry Forecast till 2025

Automotive Friction Brake System Market Trends and Global Forecast to 2022

Wearing a Justin Bieber Necklace is a Truth Now for Customers of Bieber-Clothing.Com

Security Paper Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, ..

Software Defined Everything Market Analysis, Segments, Key Players, Drivers, Trends by Foreca..

Robert Miller Recognizes Future Electronics Team for Global Agreement with CAEN RFID

Electronic Medical Records Market Size To Reach Close To US$ 40 Billion upto 2024

Could Frequent Self-Pleasuring Improve Overall Health?

CC Wholesale Clothing is the best store for close out clothing online

Smyrna Locksmiths

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.