DUBLIN, May 14, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/cr9ftq/floating) has announced the addition of the "Floating Production Systems Market By Types, Water Depth, Build & Geography - Global trends and Forecasts to 2018" report to their offering.
Floating production systems are used for offshore drilling and exploration activities along with some storage and offloading applications. They are used globally for offshore oil and gas developments. The high demand for crude oil, along with the rise in offshore production is driving the increase in the number of investments from operators, especially for deep and ultra-deep waters fuels the growth of the market. FPSO dominates the global market with its versatility. The major regions of the floating production system market are Latin America, the Gulf of Mexico, and Western Africa, where most of the offshore drilling activities take place.
The global floating production systems market has witnessed a decent growth, based on the increasing demand for global energy, and the rise in the number of investments from operators and deep-water drilling activities. The biggest markets, based on geography for these systems are Latin America, Asia-Pacific, Africa, and Europe.
Samsung Heavy Industries (South Korea), Hyundai Heavy Industries Corporation Ltd. (South Korea), Keppel Offshore & Marine (Singapore), Malaysia Marine and Heavy Engineering Sdn Bhd (Malaysia), Daewoo Shipbuilding & Marine Engineering Co. Ltd. (South Korea), and Technip S.A. (France), are the major players that constitute a major share of the global floating production systems market.
Most of these companies mainly rely on growth strategies such as new-product launch, joint ventures & contracts, mergers & acquisitions, and investments & expansions in diversified geographic areas. The capital expenditure and operating expenditure of the exploration & production industry are huge in terms of value. To increase their geographical presence and market penetration, the companies have opted for agreements & collaborations.
The major floating production systems types include FPSO, TLP, spar, barge, and others. FPSOs are the largest type in terms of orders booked.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Market Analysis
5 Floating Production Systems Market, By Type
6 Floating Production Systems Market, By Geography
7 Floating Production Systems Market, By Water Depth
8 Floating Production Systems Market, By Build
9 Competitive Landscape
10 Company Profile
- Bumi Armada Berhad
- Daewoo Shipbuilding & Marine Engineering Co. Ltd.
- Hyundai Heavy Industries Co. Ltd.
- Keppel Offshore And Marine Ltd.
- Malaysia Marine And Heavy Engineering Sdn Bhd
- Mitsubishi Heavy Industries Corporation
- Pipavav Defence And Offshore Engineering Company Ltd.
- Samsung Heavy Industries Co. Ltd.
- Sbm Offshore
- Technip S.A.
- Teekay Corporation
For more information visit http://www.researchandmarkets.com/research/cr9ftq/floating
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SOURCE Research and Markets