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As oil prices ease up above 80 dollars/barrel, the FPSO industry has seen increasing optimism in terms of new projects. Naysayers however have their reservations about the growth potential of the industry. "Dearth of new oil discoveries set to significantly reduce number of floating production, storage and offloading vessels heading for Australia" - 23 April 2010. Despite these reports, the future however is still definitely looking bright in the short term.
The conference will include
Infield Systems will be presenting the Opening Plenary paper on day two "Developments In Global FPSO Fabrication Capacity & SWOT Analysis Of Chinese FPSO Fabrication Offering"
The last few years have seen a rapid expansion of global fabrication capacity. This presentation documents highlights that expansion and notes key players and their strategic investments. The presentation will also discuss how this increase in capacity has related to increases in demand for fabrication services, and how this relationship is likely to play out in the future (demonstrated through Infield Systems' fabrication demand vs supply model). In addition to this, the presentation will focus on the rapid rise of fabrication capacity in Brazil, and also provide a SWOT analysis of Chinese FPSO fabrication capacity.
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