Press release
Floating Production System Market Status and Business Outlook 2018 : Chevron, Petrobras, Shell, BW Offshore, TOTAL, BP
Qyresearchreports include new market research report “Global Floating Production System Market Professional Survey Report 2018” to its huge collection of research reports.Floating production systems are offshore production facilities that are used for the production of hydrocarbons. The process involved separates oil, water, gas, sand, and so on, and distributes the yields to storage, disposal, or transportation facilities. FPS are an essential component required for offshore oil and gas developments. FPS are used for drilling and exploration activities in offshore oil and gas production at various water depths.
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The FPSO market segment accounted for about 62% of the total market share and dominated the market. FPSOs are mainly used by companies to extract crude oil through offshore drilling activities, It has a field storage capability and can be used in locations where there is no accessibility to pipeline infrastructure. Eliminating the requirement for pipeline infrastructure, FPSOs reduce operational costs for transporting crude oil.
According to this market study, the Americas will account for about 59% of the total market share and will also dominate the floating production system market throughout the predicted period. This region hosts plenty of oil and gas reserves and is a major contributor to the FPSO market. New discoveries in the Latin American countries, such as Brazil, Mexico and Venezuela, shale gas discoveries in the US, and ultra-deep water discoveries in Latin America will drive the demand for floating production systems in this region.
The global Floating Production System market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Chevron
Petrobras
Shell
BW Offshore
TOTAL
BP
Golar LNG
Petronas
MODEC
SBM Offshore
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
FPSO (Floating Production Storage and Offloading)
Production Semisubmersible
SPAR
TLP (Tension Leg Platforms)
Other
By Application, the market can be split into
Energy Enterprises
Government
The study objectives of this report are:
To analyze and study the global Floating Production System capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Floating Production System manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
Read Comprehensive Overview of Report @ https://www.qyresearchreports.com/report/global-floating-production-system-market-professional-survey-report-2018.htm
Key Stakeholders
Floating Production System Manufacturers
Floating Production System Distributors/Traders/Wholesalers
Floating Production System Subcomponent Manufacturers
Industry Association
Downstream Vendors
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