Press release
Global Floating Production Storage and Offloading Market Trends Rise in Number of Deepwater and Ultra-deepwater Drilling Projects
Floating production storage and offloading vessels are offshore production facilities that club both storage and processing equipment for produced hydrocarbons. The basic design of most floating production storage and offloading vessel comprises a boat molded vessel with processing equipment or topsides on the vessel's deck and hydrocarbon storage underneath the dual hull. Floating production storage and offloading vessels store oil or gas after processing and periodically shuttle it to tankers.
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Covered in this report
The report covers the present scenario and the growth prospects of the global floating production storage and offloading market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Floating Production Storage and Offloading Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bumi Armada
BW Offshore
MODEC
Petrobras
SBM Offshore
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Other prominent vendors
Bluewater
MISC Berhad
Saipem
Teekay
Yinson Holdings
Market driver
Increasing popularity of floating production storage and offloading vessels
For a full, detailed list, view our report
Market challenge
Increasing use of renewable energy
For a full, detailed list, view our report
Market trend
Rise in the number of deepwater and ultra-deepwater drilling projects
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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