This new major world-wide report published by energy analysts Infield Systems is the only market report for this sector that not only uses the list of announced World floating production system prospects, but also uses a detailed analysis of the offshore fields discovered which are being planned or considered for floating production development. This allows Infield's analytical team to provide detailed forecasts over five & ten year periods for units and values for the World market in Floating Production systems.
The Floating Production report provides an allocation of CAPEX in each year it is spent. This introduces into the forecast, spend for projects that will come on stream outside the forecast period, which is important when considering their long lead times.
Market Update - Through the period 1999/03 77 floating production systems were used to develop 68 fields. The cost for these systems was US$19.6bn. Over the next five years Infield forecasts that 138 floating production systems will be installed with an expected capital expenditure of US$32.8bn. This is a 67% growth on the previous five years.
FPSOs & FPSs - There are 119 FPSOs and FPSs operating around the world, with a further 22 under construction or conversion and 139 prospects being considered from 2004 onwards. Infield has identified that 65% of forecasted projects for the period to 2008 will be converted or upgraded vessels.
TLPs & Spars - There are currently 23 TLP's and Spars in operation, globally, a further four installed on the field two installed on the field awaiting to go into production, five under construction and 20 being considered for development
Report Contents (click here to view a leaflet & contents pdf)
Underlying Market Drivers - Investigates the main and secondary drivers of the floating production market, re-investment rates, oil price sensitivity, politics, economics, production, energy demand, technology, infrastructure, subsidy, grants, taxation modularity and best practice.
Global Market Potential - The report examines prospects for World floating production systems, identifying key trends by region, water depth, topsides weight and configuration, production profiles, development type and the split for shallow and deepwater.
Facility Analysis - Identifies floating production facility development and the evaluation of all known prospects. Specific analysis is available for each floating facility type and key aspect; newbuild, conversion/upgrade, hull, topsides, mooring systems and installation.
Regional Analysis - For each of the main world regions - Africa, Asia, Australasia, Europe, The Middle East, North America and Latin America the report looks at recent important activity, analysis of all known floating production prospects, development trends and benchmarks.
Global Forecasts - Describes the methodology for developing the forecast and CAPEX models. World wide forecasts and capital expenditure figures are provided by region, key aspects/component, operator and field owner with a number of conventional and alternative model profiles.
Comprehensive Project Listings - A field by field project listing of all fields utilising a floating production system including details on operators, project name, water depths, high temperature high pressure, location production rates, reserves, project status, development type, installation year.
Additional Information - Definition of the world regions/countries and the acronyms and abbreviations used within the Global Perspectives series.
Online Access - Purchasers will receive 3 months' complementary online access to a database of all prospect floating production systems being planned or considered for development 2004/08.
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