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Q4 Global FPSO Industry Outlook - Spending Cuts on Offshore Projects Hits Global FPSO Deployments

  • December 2015
  • 51 pages
  • GlobalData
Report ID: 3565215

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Q4 Global FPSO Industry Outlook - Spending Cuts on Offshore Projects Hits Global FPSO Deployments

Summary

Globally 60 FPSOs are expected to start operations by 2019. However persistent low crude oil prices have deteriorated project economics of several offshore development projects and could lead to delay or cancellation of the several planned FPSOs. Among countries, Brazil will dominate the global FPSO industry’s growth with anticipated deployment of 17 FPSOs by 2019. Proposed development of pre-salt fields in offshore areas of Brazil will be the key driver for FPSO deployments in the country. After Brazil, UK is expected to have the second highest FPSO deployments in the world with eight FPSOs. In Africa, Angola, Nigeria and Ghana are expected to deploy six, four and two FPSOs respectively by 2019.

Scope

- Data of FPSOs that were brought online from 2009 to 2014 by key regions in the world, forecasts up to 2019
- Forecast of FPSOs that will be brought online by 2019, by key countries and operators
- Details of major planned FPSOs in the world up to 2019
- Recent developments, tenders and contracts by key regions, where available

Reasons to buy

- Obtain the most up to date information available on the planned FPSO projects across the world
- Identify growth segments and opportunities in the FPSO industry
- Facilitate decision making on the basis of historic and forecasts of FPSO data
- Develop business strategies with the help of specific insights about the planned FPSO projects across the world
- Assess your competitor’s planned FPSO projects and capacities
- Be informed about recent developments, tenders and contracts in the FPSO industry

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