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FPS Market in the Americas to Grow at 24.9% CAGR by 2018

FPS Market in the Americas 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection.

FPS is a floating oil extraction system, which uses drilling platform to drill through the seabed for the extraction of petroleum that lies in the rock formation of the seabed. It is also equipped with petroleum procession equipment for the separation and purification of crude oil that comes out from the wells via flexible pipelines. Moreover, the purified petroleum is transferred through FPSO ships and purified gas is used as fuel for on-board power generation. Also, the excess gas is either injected back to the sea reservoir or transferred via pipelines to shore.

Analysts forecast the FPS market in Americas to grow at a CAGR of 24.9 percent over the period 2013-2018.

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The report recognizes the following companies as the key players in the Floating Production System Market in Americas: BW Offshore Ltd., Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME), Petrobras S.A., Samsung Heavy Industries Ltd. (SHI) and SBM Offshore N.V.

Other Prominent Vendors in the market are: BUMI Armada Berhad, CNOOC, ExxonMobil, Keppel Offshore and Marine, Pipavav Defence and Offshore Engineering Company, Technip and Teekay Corporation.

One major trend emerging in the market is the increase in deep water and ultra-deep water discoveries. FPS technology is considered to be the most suitable technology for oil production in deep water and extreme climatic conditions. FPSO units can be used for water depth of more than 6,000ft.

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Covered in this Report

FPS Market in Americas 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, and South America; it also covers the FPS market in Americas landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the main drivers for the market is increased offshore drilling activity globally. The increased demand for oil and gas and depleting onshore reserves has shifted the focus toward offshore exploration to keep pace with the growing energy demand, which is eventually driving the need for more FPS units across the Americas.

Further, the report states that one of the major challenges confronting the market is the growing environmental concerns. The increased deployment of FPSs has led to increased environmental impacts such as the release of hydrocarbons during FPS operations, light and noise emissions, routine atmospheric emissions from gas flaring and fuel combustion, routine discharges to the marine environment, and waste disposal. Some of the waste contains chemicals that are discharged in the open sea, thereby contaminating the water bodies and affecting the marine ecosystem.

Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Equipment Type
08. Geographical Segmentation
09. Key Leading Countries
09.1 Brazil
09.2 Gulf of Mexico
09.3 Canada
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series

List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: FPS System Operation and Set-up
Exhibit 3: FPS Market in Americas 2013-2018 (US$ billion)
Exhibit 4: FPS Market in Americas 2013-2018 (units)
Exhibit 5: FPS Market in Americas by Equipment Type 2013
Exhibit 6: FPS Market in Americas by Equipment Type 2018
Exhibit 7: FPS Market in Americas by Equipment Type 2013-2018
Exhibit 8: FPS Market in Americas by Equipment Type 2013-2018
Exhibit 9: FPSO Market in Americas 2013-2018 (units)
Exhibit 10: Production Semi Market in Americas2013-2018 (units)
view all 28 Exhibits


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