News World Center

Floating Production Storage and Offloading (FPSO) Market is Likely to Touch USD 53.61 Bn by 2023 | Burgeon CAGR 11.21% (2017-2023)

Press release   •   Apr 30, 2019 09:15 EDT

Global Floating Production Storage and Offloading (FPSO) Market is expected to increase from USD 25.48 billion in 2016, to USD 53.61 billion in 2023, at a burgeon CAGR of 11.21% from 2017 to 2023.

The overall demand of floating production storage and offloading have increased in recent years, this is mainly due to the declining shallow water and onshore oil and gas reserves which have led to deep and ultra-deep oil and gas exploration and production. The years used for the assessment are as follows;

Historical year : 2013-2015
Base year : 2016
Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total floating production storage and offloading market and it various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the floating production storage and offloading market
Finalizing the overall size and share of the global floating production storage and offloading market

Download Sample Copy Of This Report From Here: http://www.amecoresearch.com/sample/12284

OBJECTIVES:

To provide historical, current, and future forecast of the market size in terms of revenue and volume
To classify and forecast the growth prospect of the global floating production storage and offloading market on the basis of products, application and region
To identify and analyze opportunities for stakeholders in the floating production storage and offloading market
To forecast the impact of trends, opportunities, drivers and restraints on the global floating production storage and offloading market
To study value chain analysis on the supply as well as the demand side
To understand major policy changes and regulations impacting global floating production storage and offloading market
To identify and analyze opportunities for new entrant in the floating production storage and offloading market
To profile key companies operating in the global floating production storage and offloading market and provide their competitive landscape
To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for global floating production storage and offloading market is as follows:

By Construction Type
Converted
New Built
Redeployed

By Water Depth
Shallow Water
Deepwater
Ultra-deepwater

By Ownership
Contractor
Operator

By Storage Capacity
Small (Below 1000 MBBLs)
Medium (1000 to 2000 MBBLs)
Large (Above 2000 MBBLs)

By Region
North America
Europe
Asia-Pacific
Middle East and Africa (MEA)
Rest of the World (RoW)

View Detail Report With Complete Table of Content@ http://www.amecoresearch.com/market-report/global-floating-production-storage-and-offloading-fpso-market-emr-12284

FREE ANALYSIS

The global floating production storage and offloading has witnessed a significant growth rate in 2016 and is expected to register significant growth rate during the forecast period. The growth of the market is primarily attributed to the rebalancing of cost and oil prices by reducing development costs using FPSO. Subsequently, the increasing demand for FPSO redeployment owing to low CAPEX, cost-effectiveness and rapid developments is propelling the growth of FPSO market during the forecast period. Additionally, the increasing oil and gas production mainly in offshore region is fuelling the FPSO market growth. Furthermore, the declining shallow water and onshore oil and gas reserves have led to deep and ultra-deep oil and gas exploration and production, thus increasing the demand for FPSO.

Floating production storage and offloading are floating vessels that are located near the offshore drilling platform for production, processingand storage of oil. FPSO are very useful in new offshore oil and gas regions where construction of new pipelines is cost prohibitive.

The installation of fixed processing and production facilities is highly complex and costly in offshore areas. FPSOs being mobile and able to provide multiple applications makes it a cost effective method to develop an offshore field. The increasing oil and gas production in deep and ultra-deep wells is also creating an opportunity for FPSO’s in near future. Furthermore, the reconversion of tank vessels into FPSO in order to optimize the cost and enhance the productivity is increasing the market demand for FPSO. Increasing oil and gas consumption, particularly in transportation sectors and power generation has increased the oil and gas exploration and production activities by the companies, thus increasing investment into FPSO market.

Based on segmentation the FPSO market can be divided into construction type, water depth, ownership, storage capacity andregion. On the basis of construction type FPSO market can be divided into converted FPSO, redeployed FPSO and new built FPSO. Converted FPSO’s would register significant growth rate during the forecast period, owing to reduced capital costs compared to new built FPSO’s. On the basis of water depth the market is divided into shallow water, deep water and ultra-deepwater. On the basis of ownership FPSO market is segmented into contractor and ownership. Contractor currently have the largest fleet of FPSO. Based on storage capacity FPSO market is segmented into small, medium and large. Large storage FPSO is expected to show a significant growth rate during the forecast period.

On the basis of geography the market is divided into North America, Europe, Middle East, South America and Asia-Pacific. Brazil and Africa are the major offshore projects in the region with Brazil at the topmost level with various FPSO’s for Libra and other pre-salt developments followed by Mexico and East Africa. The U.S. FPSO market would register a significant growth in the near future due to increasing oil and gas investments and new offshore fields development.

The key players in the FPSO market include are Petrobras, CNNOC, Total, ExxonMobil, Chevron, Shell, BP, Statoil, BW Offshore and Bluewater Energy.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Floating Production Storage and Offloading (FPSO) Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Floating Production Storage and Offloading (FPSO) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Component Type

1.2.2. Market Breakdown, By Water Depth

1.2.3. Market Breakdown, By Ownership

1.2.4. Market Breakdown, By Storage Capacity

1.2.5. Market Breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Value Chain Analysis

2.3. Landscape

2.3.1. Market Share

2.3.2. Opportunities

2.3.2.1. Technological advancement in FPSO built with full field production facilities

2.3.2.2. Incorporation of Internet of things (IoT) and digital tools in FPSO to increase productivity and reduce cost

2.3.3. Trends

2.3.3.1. Conversions of crude carriers to FPSO

2.3.3.2. FPSO to act as a component of remote field early production facility

2.3.4. Growth Drivers

2.3.4.1. Economical solution for marginal fields

2.3.4.2. Increasing offshore exploration activities

2.3.4.3. Flexibility in operations

2.3.4.4. Maturing onshore oil and gas reserves

2.3.5. Impact Analysis of Drivers on Future Forecast of the Market

2.3.6. Restraints of the Market

2.3.6.1. High initial cost

2.3.6.2. Volatile oil and gas prices

2.3.7 Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regional Regulatory Affairs

3.2. Technological Analysis

3.3. Competitive Analysis

3.4. Investment Analysis

3.5. Leasing and Acquisition Analysis

3.6. Recommendations

CHAPTER 4. Global Floating Production Storage and Offloading Market Size and Forecast (2013 – 2023)

4.1. Global Floating Production Storage and Offloading Market, By Construction Type

4.1.1. Converted

4.1.2. New Built

4.1.3. Redeployed

4.2. Global Floating Production Storage and Offloading Market, By Water Depth

4.2.1. Shallow Water

4.2.2. Deepwater

4.2.3. Ultra-deepwater

4.3. Global Floating Production Storage and Offloading Market, By Ownership

4.3.1. Contractor

4.3.2. Operator

4.4. Global Floating Production Storage and Offloading Market, By Storage Capacity

4.4.1. Small (Below 1000 MBBLs)

4.4.2. Medium (1000 to 2000 MBBLs)

4.4.3. Large (Above 2000 MBBLs)

4.5. Global Floating Production Storage and Offloading Market, By Region

4.5.1. North America

4.5.2. Europe

4.5.3. Asia-Pacific

4.5.4. Middle East and Africa (MEA)

4.5.5. Rest of the World (RoW)

CHAPTER 5. Global Floating Production Storage and Offloading Market, By Geography

5.1. North America Floating Production Storage and Offloading Market

5.1.1. North America Floating Production Storage and Offloading Market, By Construction Type

5.1.2. North America Floating Production Storage and Offloading Market, By Water Depth

5.1.3. North America Floating Production Storage and Offloading Market, By Ownership

5.1.4. North America Floating Production Storage and Offloading Market, By Storage Capacity

5.1.5. North America Floating Production Storage and Offloading Market, By Country

5.1.5.1. The U.S.

5.1.5.2. Canada

5.1.5.3. Mexico

5.2. Europe Floating Production Storage and Offloading Market

5.2.1. Europe Floating Production Storage and Offloading Market, By Construction Type

5.2.2. Europe Floating Production Storage and Offloading Market, By Water Depth

5.2.3. Europe Floating Production Storage and Offloading Market, By Ownership

5.2.4. Europe Floating Production Storage and Offloading Market, By Storage Capacity

5.2.5. Europe Floating Production Storage and Offloading Market, By Country

5.2.5.1. U.K.

5.2.5.2. Norway

5.2.5.3. Italy

5.2.5.4. New Zealand

5.2.5.5. Rest of The Europe

5.3. Asia-Pacific Floating Production Storage and Offloading Market

5.3.1. Asia-Pacific Floating Production Storage and Offloading Market, By Construction Type

5.3.2. Asia-Pacific Floating Production Storage and Offloading Market, By Water Depth

5.3.3. Asia-Pacific Floating Production Storage and Offloading Market, By Ownership

5.3.4. Asia-Pacific Floating Production Storage and Offloading Market, By Storage Capacity

5.3.5. Asia-Pacific Floating Production Storage and Offloading Market, By Country

5.3.5.1. China

5.3.5.2. Australia

5.3.5.3. Malaysia

5.3.5.4. Indonesia

5.3.5.5. India

5.3.5.6. Rest of Asia-Pacific

5.4. Middle East and Africa (MEA) Floating Production Storage and Offloading Market

5.4.1. Middle East and Africa (MEA) Floating Production Storage and Offloading Market, By Construction Type

5.4.2. Middle East and Africa (MEA) Floating Production Storage and Offloading Market, By Water Depth

5.4.3. Middle East and Africa (MEA) Floating Production Storage and Offloading Market, By Ownership

5.4.4. Middle East and Africa (MEA) Floating Production Storage and Offloading Market, By Storage Capacity

5.4.5. Middle East and Africa (MEA) Floating Production Storage and Offloading Market, By Country

5.4.5.1. Nigeria

5.4.5.2. Angola

5.4.5.3. Egypt

5.4.5.4. Guinea

5.4.5.5. Iran

5.4.5.6. Rest of Middle East and Africa (MEA)

5.5. Rest of the World (RoW) Floating Production Storage and Offloading Market

5.5.1. Rest of the World (RoW) Floating Production Storage and Offloading Market, By Construction Type

5.5.2. Rest of the World (RoW) Floating Production Storage and Offloading Market, By Water Depth

5.5.3. Rest of the World (RoW) Floating Production Storage and Offloading Market, By Ownership

5.5.4. Rest of the World (RoW) Floating Production Storage and Offloading Market, By Storage Capacity

5.5.5. Rest of the World (RoW) Floating Production Storage and Offloading Market, By Country

5.5.5.1. Brazil

5.5.5.2. Rest of RoW

CHAPTER 6. Competitive Analysis

6.1. Company Market Share Analysis (2016)

6.2. Porters Five Forces Analysis

6.2.1. Bargaining Power of Buyers

6.2.2. Bargaining Power of Suppliers

6.2.3. Threat of New Entrants

6.2.4. Intensity of Rivalry

6.2.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Petro bras

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. CNNOC

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Total

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Exxon Mobil

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Chevron

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Shell

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. BP

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Stat oil

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. BW Offshore

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Blue water Energy

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

CHAPTER 8. RESEARCH APPROACH

8.1. Initial Data Search

8.2. Secondary Research

8.3. Primary Research

8.4. Scope and Assumptions

Quick Buy This Premium Report From Here: http://www.amecoresearch.com/buy/12284

About Us:

Ameco Research is the one spot destination for all your research needs. Ameco Research holds the repository of quality research reports from numerous publishers across the globe. Our inventory of research reports caters to various industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. With the complete information about the publishers and the industries they cater to for developing market research reports, we help our clients in making purchase decision by understanding their requirements and suggesting best possible collection matching their needs.

Contact:
Email: sales@amecoresearch.com | + 1 407 915 4157

Browse More For Latest Update :

Ameco Research