Floating Production Systems- provides information about floating platform facilities employed in the development of offshore oil and gas fields. Floating Production Systems market primarily comprises four types of products: FPSO, TLP, SPAR and FSO. FPSO is anticipated to be one of the most dominant sectors in terms of high demand for FPS equipments. Various companies are using FPSO to carry out offshore drilling activities across the globe to extract crude oil. FPSO and FSO eliminates the need of pipeline infrastructure to transport crude oil produced from well head to refinery location, thereby reducing huge operational costs. TLP and SPAR type’s platforms are also used where huge vibration persists due to high waves. Floating Production Systems Market to Exhibit Promising 17.20% CAGR 2013-2019
Floating Production Systems Online (Professional) covers all water depths and all types of facility:
- FPSO (Floating Production Storage Offloading Facility)
- TLP (Tension Leg Platform)
- SPAR (Deep draft caisson vessel)
Covered Companies are Bumi Armada Berhad, Hyundai Heavy Industries Co. Ltd, Keppel Offshore & Marine Ltd, Malaysia Marine and Heavy Engineering Berhad, Mitsubishi Heavy Industries Ltd, Samsung Heavy Industries Co. Ltd, SBM Offshore N.V., Teekay Corporation, Technip S.A. and Worley Parsons Limited.