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Global FPS Market to Grow at a CAGR of 19.4% by 2018

FPS is an offshore production facility that is used for the production of hydrocarbons, the separation of oil, water, and gas, and the distribution of the yields to storage or transportation facilities. FPS is an essential part in the offshore oil and gas developments. It is used for drilling and exploration activities in offshore oil and gas production at all water depths. The main types of FPS include floating production, storage, and offloading (FPSO), production semisubmersibles, tension leg platforms (TLPs), spars, barges, and floating regasification/storage units (FSRU). The major type of FPS units available globally are FPSOs. FPSOs are ship-shaped vessel, which has processing equipment and hydrocarbon storage capacities. After processing, it stores oil or gas before unloading to shuttle tankers or transporting hydrocarbons through pipelines.

Analysts forecast the Global FPS market to grow at a CAGR of 19.4 percent during the period 2013-2018.

Covered in this Report

The report covers the present scenario and the growth prospects of the Global FPS market for the period 2014-2018. The report includes the segmentation of the market on the basis of FPS types.

Global FPS Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global FPS market landscape and its growth prospects in the coming years. It also provides information about the key vendors operating in this market.

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Key Regions

  • Americas
  • APAC
  • EMEA

Key Vendors

  • BW offshore Ltd.
  • CNOOC Ltd.
  • ExxonMobil
  • Hyundai Heavy Industries
  • Petrobas
  • SBM Offshore

Other Prominent Vendors

  • BUMI Armada Berhad
  • Daewoo Shipbuilding & Marine Engineering
  • Keppel Offshore and Marine
  • Pipavav Defence and Offshore Engineering
  • Technip
  • Teekay

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Market Driver

  • Increased Offshore Drilling Activity
  • For a full, detailed list, view our report

Market Challenge

  • Growing Environmental Impacts
  • For a full, detailed list, view our report

Market Trend

  • Increase in Deep Water and Ultra Deep Water Discoveries
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?