The Market - Global Floating Production Capex to Double. Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over ...

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources. The established ...

Verified Market Research® a leading provider of business intelligence and market analysis is thrilled to announce the release of its comprehensive and authoritative report on the, "Floating Production ...

Singapore-headquartered Seatrium Ltd. has signed a non-binding memorandum of understanding (MOU) with Shell Global Solutions International BV to strengthen collaboration in floating production systems ...

The floating production system is moored 135 miles southeast of New Orleans in about 4,000 feet of water. It will serve as a hub that aggregates production and then combines production handling ...

HOUSTON, May 5-- Oil and natural gas companies' capital expenditures on floating production systems (FPSs) are expected to reach $32 billion over the next 5 years compared with the $17 billion spent ...

Floating production orders are likely to remain slow this year amid cutbacks in capital spending by the oil and gas industry, but prospects should improve in 2017. Floating production orders are ...

Modec and Toyo Construction have obtained approval in principle (AIP) from Japanese marine classification society ClassNK for an adaption of tension leg platform (TLP) technology used in offshore oil ...

BP plc BP, the British oil and gas giant, has awarded a contract to SBM Offshore to assist with the installation of the Kaskida semi-submersible Floating Production Unit (FPU). Per the terms of the ...

However, analysts have cautioned that FPSO projects remain dogged by cost overruns and delayed start-ups, dampening optimism over a revival of a sector that has been in the doldrums in recent years.

The Shenandoah FPS, in 5,800-ft water depths off Louisiana, has capacity of 120,000 b/d oil and 140 MMcfd gas. Four Phase 1 wells reached 100,000 b/d within 75 days. Development utilizes advanced ...