Market Research Report
World Floating Production Systems Tracker 2017-2021
|Published by||Douglas-Westwood||Product code||217636|
|Published||Content info||87 Pages
Delivery time: 1-2 business days
|World Floating Production Systems Tracker 2017-2021|
|Published: January 20, 2017||Content info: 87 Pages||
The ‘World Floating Production Systems Tracker Q2 2017’ (previously the World Floating Production Systems Market Forecast) is now available. The report is a concise 20 page update document presenting Douglas-Westwood's (DW) latest view on the market. Capex for both installations and orders has increased from the Q1 edition, reaching $54bn and $42bn respectively, driven by increased confidence that the bottom has been reached.
Over the last quarter DW has witnessed an increased enthusiasm for field development activity as operators seek to capitalise on lower supplier prices and replace reserves. Significant project revisions have brought the cost of many FPS developments down substantially and projects previously considered uncommercial such as Rosebank and Bonga South-West are now progressing towards sanctioning. This demonstrates a renewed confidence in the use of FPS units in both deepwater development (where they remain essential) and in shallow water where they are seen as a viable alternative to fixed developments.
Analysis is based on DW's SECTORS database which details more than 700 FPS projects that are updated and tracked daily. The ‘World Floating Production Systems Tracker Q2 2017’ is essential for anyone evaluating investment opportunities in the FPS sector, including growing firms seeking competitive advantage across segments, investment banks and advisory firms wanting to improve their understanding of the business and industry analysts seeking a competitive edge.