
Floating Production Storage and Offloading - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Floating Production Storage and Offloading Market is accounted for $19.87 billion in 2019 and is expected to reach $36.50 billion by 2027 growing at a CAGR of 7.9% during the forecast period. An increase in deep- and ultra-deepwater oil & gas production and increased focus on offshore exploration & production activities are the major factors propelling market growth. However, volatile oil & gas prices are hampering the development of the market.
Floating production storage and offloading is a floating service that accepts fluids like crude oil, water, and a mass of other things from a subsea and is then detached into crude oil, water, and impurities within the topsides manufacture facilities onboard. These vessels are equipped with hydrocarbon processing equipment for the separation and treatment of fluids via flexible pipelines.
Based on the propulsion, the self-propelled segment is going to have a lucrative growth during the forecast period due to it can move without any external propulsion and the transportation cost is lower than the towed FPSOs.
By geography, South America is estimated to have a lucrative growth due to modern offshore E&P developments and deepwater oil field discoveries. Brazil is anticipated to appear as a most important FPSO market in this region due to growing oil & gas activities coupled with enough government support.
Some of the key players profiled in the Floating Production Storage and Offloading Market include Chevron, MODEC, BW Offshore, SBM Offshore, Bluewater Energy Services, Teekay, Shell, BP, Exxonmobil, Petrobras, Total S.A., Bumi Armada, MISC Berhad, Saipem, and Yinson Holdings.
Hull Types Covered:
• Double Hull
• Single Hull
Types Covered:
• New-Build
• Converted
• Redeployed
• Dynamic Positioning (DP)
• Single Point Mooring (SPM)
• Spread Mooring
Propulsion Covered:
• Towed
• Self-Propelled
Usages Covered:
• Deepwater
• Shallow Water
• Ultra-deepwater
Product Types Covered:
• Liquefied Natural Gas (LNG)
• Oil
• Liquefied Petroleum Gas (LPG)
Ownerships Covered:
• Operator
• Contractor
Storage Capacities Covered:
• Small (Below 1100 MBBLs)
• Medium (1100 to 2000 MBBLs)
• Large (Above 2000 MBBLs)
Equipments Covered:
• Chemical Injection
• Seawater Injection
• Fuel Gas Treatment
• Crude Oil Separation
• Produced Water
• Nitrogen Generation
Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging Markets
3.7 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Floating Production Storage and Offloading Market, By Hull Type
5.1 Introduction
5.2 Double Hull
5.3 Single Hull
6 Global Floating Production Storage and Offloading Market, By Type
6.1 Introduction
6.2 New-Build
6.3 Converted
6.4 Redeployed
6.5 Dynamic Positioning (DP)
6.6 Single Point Mooring (SPM)
6.7 Spread Mooring
7 Global Floating Production Storage and Offloading Market, By Propulsion
7.1 Introduction
7.2 Towed
7.3 Self-Propelled
8 Global Floating Production Storage and Offloading Market, By Usage
8.1 Introduction
8.2 Deepwater
8.3 Shallow Water
8.4 Ultra-deepwater
9 Global Floating Production Storage and Offloading Market, By Product Type
9.1 Introduction
9.2 Liquefied Natural Gas (LNG)
9.3 Oil
9.4 Liquefied Petroleum Gas (LPG)
10 Global Floating Production Storage and Offloading Market, By Ownership
10.1 Introduction
10.2 Operator
10.2.1 Large Independent
10.2.2 Leased Operator
10.2.3 National Oil Companies (NOCs)
10.2.4 Small Independent
10.3 Contractor
11 Global Floating Production Storage and Offloading Market, By Storage Capacity
11.1 Introduction
11.2 Small (Below 1100 MBBLs)
11.3 Medium (1100 to 2000 MBBLs)
11.4 Large (Above 2000 MBBLs)
12 Global Floating Production Storage and Offloading Market, By Equipment
12.1 Introduction
12.2 Chemical Injection
12.3 Seawater Injection
12.4 Fuel Gas Treatment
12.5 Crude Oil Separation
12.6 Produced Water
12.7 Nitrogen Generation
13 Global Floating Production Storage and Offloading Market, By Sales Channel
13.1 Introduction
13.2 Aftermarket
13.3 Manufacturer/Distributor/Service Provider
14 Global Floating Production Storage and Offloading Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 Chevron
16.2 MODEC
16.3 BW Offshore
16.4 SBM Offshore
16.5 Bluewater Energy Services
16.6 Teekay
16.7 Shell
16.8 BP
16.9 Exxonmobil
16.10 Petrobras
16.11 Total S.A.
16.12 Bumi Armada
16.13 MISC Berhad
16.14 Saipem
16.15 Yinson Holdings
List of Tables
1 Global Floating Production Storage and Offloading Market Outlook, By Region (2018-2027) ($MN)
2 Global Floating Production Storage and Offloading Market Outlook, By Hull Type (2018-2027) ($MN)
3 Global Floating Production Storage and Offloading Market Outlook, By Double Hull (2018-2027) ($MN)
4 Global Floating Production Storage and Offloading Market Outlook, By Single Hull (2018-2027) ($MN)
5 Global Floating Production Storage and Offloading Market Outlook, By Type (2018-2027) ($MN)
6 Global Floating Production Storage and Offloading Market Outlook, By New-Build (2018-2027) ($MN)
7 Global Floating Production Storage and Offloading Market Outlook, By Converted (2018-2027) ($MN)
8 Global Floating Production Storage and Offloading Market Outlook, By Redeployed (2018-2027) ($MN)
9 Global Floating Production Storage and Offloading Market Outlook, By Dynamic Positioning (DP) (2018-2027) ($MN)
10 Global Floating Production Storage and Offloading Market Outlook, By Single Point Mooring (SPM) (2018-2027) ($MN)
11 Global Floating Production Storage and Offloading Market Outlook, By Spread Mooring (2018-2027) ($MN)
12 Global Floating Production Storage and Offloading Market Outlook, By Propulsion (2018-2027) ($MN)
13 Global Floating Production Storage and Offloading Market Outlook, By Towed (2018-2027) ($MN)
14 Global Floating Production Storage and Offloading Market Outlook, By Self-Propelled (2018-2027) ($MN)
15 Global Floating Production Storage and Offloading Market Outlook, By Usage (2018-2027) ($MN)
16 Global Floating Production Storage and Offloading Market Outlook, By Deepwater (2018-2027) ($MN)
17 Global Floating Production Storage and Offloading Market Outlook, By Shallow Water (2018-2027) ($MN)
18 Global Floating Production Storage and Offloading Market Outlook, By Ultra-deepwater (2018-2027) ($MN)
19 Global Floating Production Storage and Offloading Market Outlook, By Product Type (2018-2027) ($MN)
20 Global Floating Production Storage and Offloading Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
21 Global Floating Production Storage and Offloading Market Outlook, By Oil (2018-2027) ($MN)
22 Global Floating Production Storage and Offloading Market Outlook, By Liquefied Petroleum Gas (LPG) (2018-2027) ($MN)
23 Global Floating Production Storage and Offloading Market Outlook, By Ownership (2018-2027) ($MN)
24 Global Floating Production Storage and Offloading Market Outlook, By Operator (2018-2027) ($MN)
25 Global Floating Production Storage and Offloading Market Outlook, By Large Independent (2018-2027) ($MN)
26 Global Floating Production Storage and Offloading Market Outlook, By Leased Operator (2018-2027) ($MN)
27 Global Floating Production Storage and Offloading Market Outlook, By National Oil Companies (NOCs) (2018-2027) ($MN)
28 Global Floating Production Storage and Offloading Market Outlook, By Small Independent (2018-2027) ($MN)
29 Global Floating Production Storage and Offloading Market Outlook, By Contractor (2018-2027) ($MN)
30 Global Floating Production Storage and Offloading Market Outlook, By Storage Capacity (2018-2027) ($MN)
31 Global Floating Production Storage and Offloading Market Outlook, By Small (Below 1100 MBBLs) (2018-2027) ($MN)
32 Global Floating Production Storage and Offloading Market Outlook, By Medium (1100 to 2000 MBBLs) (2018-2027) ($MN)
33 Global Floating Production Storage and Offloading Market Outlook, By Large (Above 2000 MBBLs) (2018-2027) ($MN)
34 Global Floating Production Storage and Offloading Market Outlook, By Equipment (2018-2027) ($MN)
35 Global Floating Production Storage and Offloading Market Outlook, By Chemical Injection (2018-2027) ($MN)
36 Global Floating Production Storage and Offloading Market Outlook, By Seawater Injection (2018-2027) ($MN)
37 Global Floating Production Storage and Offloading Market Outlook, By Fuel Gas Treatment (2018-2027) ($MN)
38 Global Floating Production Storage and Offloading Market Outlook, By Crude Oil Separation (2018-2027) ($MN)
39 Global Floating Production Storage and Offloading Market Outlook, By Produced Water (2018-2027) ($MN)
40 Global Floating Production Storage and Offloading Market Outlook, By Nitrogen Generation (2018-2027) ($MN)
41 Global Floating Production Storage and Offloading Market Outlook, By Sales Channel (2018-2027) ($MN)
42 Global Floating Production Storage and Offloading Market Outlook, By Aftermarket (2018-2027) ($MN)
43 Global Floating Production Storage and Offloading Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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