Floating Production Systems News

The FPSO offshore floating platform for oil production off the coast of Newfoundland, Canada. The structure is designed for ice conditions and deep wells. See Less
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Floating Production – A Growing Segment in Transition

to the latest Intelatus deepwater floating production forecast, floating production activity in the oil & gas sector is set to grow at an average 25 floaters per year through 2030, and the foundations are in place for continued activity through the next decade.There will be over 260 floating production systems installed globally by the end of 2023. Over 185 new floaters will be installed by the end of 2030, of which 70% will be FPSOs, close to 20% FLNGs and floating production units without storage (semi-subs, TLPs and spars) over 10%.Source: IntelatusWe forecast that more than two thirds of

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Intelatus: The long-tenured, New Name in Market Intel & Planning

multi-client analytical studies with proprietary databases, including:Floating Oil & Gas Production – Intelatus has been active tracking and forecasting business conditions in the global floating production sector since the mid-1990s, centered on a detailed proprietary database on floating production systems and projects.Floating Liquefaction & Regasification – Intelatus has produced market reports and maintains a proprietary online database of global floating natural gas liquefaction and regasification units.Offshore Wind Power – Intelatus maintains a detailed database of

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Webinar: Floating Production Forecasts & Analysis

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.m. (EDT). REGISTER HERE.The effects of the COVID-19 crisis and oil supply glut continue to seriously dampen investment appetite in the oil and gas sector, putting new deepwater project starts on hold through at least the third quarter of this year.But with oil prices

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Webinar: Floating Production Forecasts & Analysis

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.m. (EDT). REGISTER HERE.The effects of the COVID-19 crisis and oil supply glut continue to seriously dampen investment appetite in the oil and gas sector, putting new deepwater project starts on hold through at least the third quarter of this year.But with oil prices

Oil spill recovery: Drone technology can aid disaster response effectively as in oil spill cleanup. (Photo: GettyImages/ESRI)

Drones: The Next Great Leap in Hydrography

data is now more accessible and accurate. And it’s all thanks to a solution that can launch from the trunk of a car or the deck of a boat.     Notes: Today’s Energy Solutions, Manufacturing Group, Increased Drilling in Sub-sea to Push Demand for Floating Production Systems, http://www.onlinetes.com/article/off-shore-oil-exploration-floating-production-systems-071816/ (Jul 2016). 2Camilo Mora et al., Management Effectiveness of the World’s Marine Fisheries, http://journals.plos.org/plosbiology/article?id=10.1371/journal.pbio.1000131 (Jun 2009)

Photo: Focal Technologies Corporation

MTR100: Focal Technologies Corporation

locations and adaptation to customers’ size and mounting constraints. Focal Technologies designs, manufactures and delivers unique FPSO swivels. Typically comprised of electrical slip rings, hydraulic utility swivels and fiber optic rotary joints, swivels are used in a variety of Floating Production Systems (FPS) including buoys, turret moorings and offshore loading towers. The Focal multiplexer product line offers a range of time division multiplexers (TDM) and wave division multiplexers (WDM). These multiplexing techniques can be used to simplify optical transmission systems and reduce

Bonga FPSO (Photo: Shell)

Floating Production's Future: The 6 Things You Need to Know Now

No question that the market for new floating production systems has taken a battering.   The past 12 to 18 months have been a difficult period for everyone in the business sector.  Absence of new contracts has forced fabricators and equipment suppliers to make huge cutbacks in personnel and spending.  But deepwater production will rebound – oil demand keeps growing -- and though the signs are mixed we see indications of the rebound starting.  Free Trial Get your own free trial the “Floating Production Systems Report And Online Database” by visiting:  https:/

Zentech Inks Deal for Two Z-210 with CSSC

solutions, and employs a professional staff of over 180 in six (6) international locations. Zentech’ s expertise encompasses dynamically positioned Semi-submersibles, Drill-ships, Jack-up drilling units, Modular Platform drilling rigs, Barge rigs, Fixed offshore platforms, shipyards, floating production systems, risers and pipelines. CSSC Huangpu Wenchong Shipbuilding Company Limited is a large-scale state owned company and member of the China State Shipbuilding Corporation, with advanced ship design and manufacturing capabilities that have been proven since their construction of the HUAHAI

Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?

IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector.  The new report – the 19th annual floater market forecast prepared by IMA since 1996 -- provides our forecast of orders for floating production systems between 2016 and 2020.  Here’s an overview of the findings and conclusions in the report. Bottom Line We see the downturn in market conditions and implosion of Petrobras as a bump in the road.  While the outlook is clearly dimmer than last year, there is a large backlog of planned projects requiring

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