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Global Floating Production Storage and Offloading Market Trends Rise in Number of Deepwater and Ultra-deepwater Drilling Projects

11-20-2017 12:20 PM CET | Energy & Environment

Press release from: MarketResearchReports.biz

Global Floating Production Storage and Offloading Market

The global floating production storage and offloading market to grow at a CAGR of 4.91% during the period 2017-2021.

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

Send an enquiry : https://www.marketresearchreports.biz/sample/enquiry/1378184

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

Browse more related reports : https://www.marketresearchreports.biz/category/102

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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.

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