Infield Systems has just released the Floating Production Systems report to 2018; one of the most popular market reports within the Global Perspectives series. This market report to 2018 acts as a comprehensive tool in supporting business strategy; highlighting the key regional and sector-specific areas of demand growth over the forthcoming five years, whilst simultaneously providing a macroeconomic outlook for each of the key regions. With the movement into ever deeper waters, the number of floating platforms installed across the globe is anticipated to increase going forwards across all regions of development including those non-traditional areas where shallow water fixed platforms have historically been the primary choice of installation. Thus the FPS report to 2018 remains pivotal in enabling businesses to create informed development plans and target the most suitable business environments for their individual strategies over the forthcoming five years.

Purchasers of this report also receive 12 months access to a database of floating production platform facilities which are being planned or considered for installation in the current year and four years forward, worldwide. Floating Production Systems Online (Essentials) is continually updated. The following types of facility are included: FPSO, TLP, Semi-Submersible, Mobile, Spar (Deep Draft Caisson Vessel), Buoy-Shaped.

All prices shown are for either an electronic file or a printed copy report and are inclusive of delivery, but exclusive of VAT where applicable.

Floating Production Systems Market Overview

The FPS market is expected to undergo robust growth over the forthcoming five years, continuing to be driven by Petrobras's ambitious development plans offshore Brazil and the movement into deeper waters across the globe. Whilst Infield Systems expects some highly significant Spar, semi-submersible and TLP developments to take place over the period to 2018, including the giant Aasta Hansteen within the Norwegian North Sea and the Buckskin/Moccasin semi-submersible within the US Gulf of Mexico, the FPSO market is expected to gain strength as the unit of choice for the majority of operators and operating environments. The FPSO new build market is expected to be driven by developments offshore Brazil, whilst the emerging FLNG market within frontier sectors and growing areas of floating production such as the Eastern Mediterranean, Australasia and South East Asia is anticipated to comprise a significant proportion of FPS demand across these regions.

From an operator perspective, the Brazilian NOC, Petrobras, is forecast to account for 23% of all Capex relating to forecast FPS developments, however, with an increasing number of Independent operators entering the market, Infield Systems expects Petrobras’ overall market share to decrease going forwards to 2018 compared to the 2009-2013 timeframe. Indeed, whilst a number of IOCs, such as: Total, Chevron and Shell will maintain a relatively steady level of investment within the FPS sector, it is the relatively higher increases in investment from Independent operators, most notably Woodside, Noble and Anadarko that will propel these players into the top sphere of global operators over the forthcoming five years.