Press release
FPSO Technology Sector – Market Size, Opportunities, News, Region of Operations, Advancement, Strategies Forecasted to 2025
Floating, production, storage, and offloading (FPSO) unit is used in oil & gas industry to manufacture and process hydrocarbons and for storage of oil. This unit is designed to accumulate hydrocarbons produced by the production plant, and stores them until they are offloaded into a tanker or transferred through a pipeline.In addition, these units are effective in deep water or remote locations, where seabed pipelines are not affordable.
Moreover, the need to install long-distance pipelines from the processing facility to onshore points is eliminated, which presents an affordable solution for smaller oil fields.
Furthermore, on depletion of fields, the unit can be shifted to a new location.
Growth in demand for exploration & production in offshore fields and increase in demand for converted FPSO are factors that fuel the growth of the FPSO market. However, low crude oil prices limit the market growth.
Adoptability for operation in deep well and high return on investment create new growth opportunities for the market.
Enquire About Report: https://www.progressivemarkets.com/enquiry-about-report/global-fpso-market
The Global FPSO Market is segmented on the basis of Product Type, Depth, And Geography.
Based On Product Type, the market is classified into
• converted
• redeployed
• newly built
Water depth segment is categorized into
• Shallow Water
• Deep Water
• Ultra-Deep Water
Geographically, the market is analyzed across
• North America,
• Europe,
• Asia-Pacific, and
• LAMEA.
Speak To Analyst: https://www.progressivemarkets.com/speak-to-analyst/global-fpso-market
Key players operating in the Global FPSO Market are
• SBM Offshore N.V.
• Hyundai Heavy Industries Co. Ltd.
• MODEC Inc.
• BW Offshore
• Yinson Holdings Berhad
• Aker Solutions ASA
• Samsung Heavy Industries Co. Ltd.
• Teekay Corporation
• Bluewater Energy Services B.V., and others
These Players Have adopted Product Launches, Merger & Acquisition, Expansion, Collaborations, Joint Ventures, Partnerships, and others to strengthen their position in the industry.
Check Discount on full report : https://www.progressivemarkets.com/get-discount/global-fpso-market
About Company
The company was found with an initiative to bridge the gap between enterprises and global opportunities. It is driven by the sole motive to build an effective channel to communicate up-to-date qualitative and quantitative market intelligence with all-scale participants.
Reach Us
5933 NE Win Sivers Drive,
#205, Portland, OR 97220,
United States.
Int'l: +1-971-202-1575
Toll Free: ++ 1-800-910-6452
Fax: +1-800-792-5285
help@progressivemarkets.com
https://www.progressivemarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release FPSO Technology Sector – Market Size, Opportunities, News, Region of Operations, Advancement, Strategies Forecasted to 2025 here
News-ID: 469025 • Views: …
More Releases from Progressive Markets

Top 5 key players of silicon carbide market are Infineon Technologies AG, Cree I …
Silicon carbide also known as carborundum is a compound of silicon and carbon with a chemical formula SiC. Superior properties such as high thermal conductivity, high-temperature strength, high hardness & wear resistance, excellent chemical resistance, low thermal expansion, low density, oxidation resistance, excellent thermal shock resistance, and high strength is expected to drive the silicon carbide market.
Access Full Summary: https://www.progressivemarkets.com/industry-research/silicon-carbide-market
These superior properties make it ideal for numerous applications in radio…

Key players in the global hyperscale data center market include Hewlett Packard …
Hyperscale data centers are designed to provide single, immensely scalable compute architecture. The architecture fundamentally contains small, separate servers, called nodes, which provide compute, storage, and networking. The nodes are clustered together and managed as a whole. The primary objective of hyperscale architecture is to keep the initial investments in check by starting on a small scale. Moreover, the increasing adoption of hyperscale data centers due to its unique benefits…

Smart Bottle Market is projected to grow at a CAGR of 28% by 2023
Smart Bottle Market is expected to grow at a CAGR of 28% from 2017 to 2023. Smart water bottle is generally used in order to update the consumer on the level of hydration in the body. It collects and tracks different information such as weight, age, temperature, etc. Rising concerns among people regarding fitness, weight-loss and health is anticipated to propel the growth of smart bottle market in the next…

Railway Management System Market Explained: Where will be Market in 2025?
Railway management system is used as a communication platform for effective management of trains by tracking their movement, induction, brake withdrawal, and others. The system offers signaling information including route setting, track circuits, points, signals, and others. Moreover, it enables control and tracking of the flow of information between various sub-systems such as doors and converters along with train and ground. The railway management system assists in reliable and efficient…
More Releases for FPSO
Global FPSO Industry Outlook to 2026 - Brazil Continues to Lead Global Upcoming …
A total of 55 planned and announced floating production, storage, and offloading units (FPSOs) are expected to start operations during the outlook period 2021-2026. South America leads globally with 25 planned and announced FPSOs, followed by Africa, Asia, and Europe. Among countries, Brazil continues to lead with 21 FPSOs to be deployed by 2026, followed by the UK with four. Among operators globally, Petroleo Brasileiro SA, Modec Inc and SBM…
Global FPSO Industry Outlook - Announced FPSO Additions by Key Operators, Scope, …
Market Research Hub (MRH) has actively included a new research study titled Q1 2019 Global FPSO Industry Outlook - Australia Leads FPSO Deployments in Asia-Pacific to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period…
FPSO Market | Key Players - MODEC, Inc., SBM Offshore N.V., BW Offshore, Bluewat …
As per the current market trends and the promising nature of the “Global FPSO Market” market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various…
Global FPSO Market: Redeployed FPSO Systems Score High in Demand, Says TMR
According to Transparency Market Research, the competitive landscape in the global floating, production, storage, and offloading vessels is expected to grow stronger over the coming years. Mergers and acquisitions are among the more common consolidation strategies being carried out in the market. The market was led in 2015 by players such as Bumi Armada Berhad, Bluewater Energy Services B.V., and BW Offshore.
The TMR research report reveals that the global FPSO…
Q1 2017 Global FPSO Industry Outlook: Surge in Planned FPSO Delays
ReportsWorldwide has announced the addition of a new report title "Q1 2017 Global FPSO Industry Outlook: Surge in Planned FPSO Delays" to its growing collection of premium market research reports.
About 54 FPSOs are expected to start operations globally over the next four years. South America will continue to lead globally with planned deployment of around 23 FPSOs, followed by Africa and Europe by 2021. Among countries Brazil continues to be…
New Study Reveals Global FPSO Industry Outlook: Surge in Planned FPSO Delays Q1 …
Researchmoz added Most up-to-date research on "Q1 2017 Global FPSO Industry Outlook: Surge in Planned FPSO Delays" to its huge collection of research reports.
About 54 FPSOs are expected to start operations globally over the next four years. South America will continue to lead globally with planned deployment of around 23 FPSOs, followed by Africa and Europe by 2021. Among countries Brazil continues to be the leader, followed by the UK…