AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Q4 2019 Global FPSO Industry Outlook - South America Spearheads Global FPSO Deployments - ResearchAndMarkets.com

November 12, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 12, 2019--

The “Q4 2019 Global FPSO Industry Outlook - South America Spearheads Global FPSO Deployments” report has been added to ResearchAndMarkets.com’s offering.

South America has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects.

This is followed by Africa, Asia and Europe with a respective 15, eight and seven FPSOs. 67 planned and announced FPSOs that are expected to start operations by 2025. Of these, 25 are planned projects while 42 are early-stage announced FPSOs that are undergoing conceptual studies and are expected to be approved for development.

Brazil holds the majority share of global FPSO projects, with 21 planned and announced additions by 2025. This is followed by Angola with five FPSOs, and the UK and Nigeria with four each, which are expected to come online by 2025. In South America, 27 planned and announced FPSOs are expected to start operations by 2025. Among these, 14 are planned and 13 are announced FPSOs. Brazil leads the region with 21 planned and announced projects, followed by Guyana and the Falkland Islands with three each.

In Africa, 15 planned and announced FPSOs are expected to come online across seven countries by 2025. Among these, two are planned and 13 are announced. Angola leads the region with five FPSOs, followed by Nigeria with four. In Asia, eight planned and announced FPSOs are expected to start operations by 2025. Malaysia and India lead with two each, followed by Vietnam, China, Timor-Leste and Indonesia with one each.

Europe has seven planned and announced FPSOs expected to start operations during the forecast period. The UK leads with four upcoming FPSOs, followed by Norway and Cyprus with two and one upcoming, respectively. In North America, Mexico leads the region with three FPSOs, while the US and Canada have one upcoming FPSO each expected to start operations during the outlook period.

Scope

Reasons to buy

Key Topics Covered:

1. List of Tables & Figures

2. Q4 2019 Global FPSO Industry Outlook

2.1. Key Highlights

2.2. Project Announcements

2.3. Project Cancelations

2.4. Postponed Projects

2.5. Stalled Projects

3. Global Planned and Announced FPSOs Outlook

3.1. Global Count of FPSOs Brought Online by Region

3.2. Global Planned and Announced FPSO Additions by Key Countries

3.3. Global Planned and Announced FPSO Additions by Key Operators

3.4. Africa FPSO Industry Outlook

3.4.1. Planned and Announced FPSO Additions in Africa by Country

3.4.2. Planned and Announced FPSO Additions in Africa by Operator

3.4.3. Recent Developments in the African FPSO Industry

3.4.4. Tenders and Contracts

3.5. Asia FPSO Industry Outlook

3.6. Europe FPSO Industry Outlook

3.7. Middle East FPSO Industry Outlook

3.8. North America FPSO Industry Outlook

3.9. Oceania FPSO Industry Outlook

3.10. South America FPSO Industry Outlook

3.11. Global Planned and Announced FPSOs

4. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/xwhwmg

View source version on businesswire.com:https://www.businesswire.com/news/home/20191112005943/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: OIL/GAS ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/12/2019 01:22 PM/DISC: 11/12/2019 01:22 PM

http://www.businesswire.com/news/home/20191112005943/en