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Abi will answer all Floating Production Storage and Offloading (FPS & FPSO) related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Floating Production Storage and Offloading (FPS & FPSO) to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Manage Risk
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Find Suppliers
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Floating Production Storage and Offloading (FPS & FPSO) related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Floating Production Storage and Offloading (FPS & FPSO) to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
$0.56 Bn
$ 4.63 Bn
Category Intelligence on Floating Production Storage and Offloading (FPS & FPSO) covers the following
FPSO Demand Forecast 2021: Global
Global FPSO Market Size by Region: 2017
The Discovery of deepwater assets will be a key reason behind the increase in demand. However, the supply market is expected to be surplus in nature, irrespective of the crude price recovery, due to medium demand in the market for FPSO service. Therefore, client can look to engage with a floating production and offloading supplier on a long term basis
FPSO Demand by Countries
FPSO Demand by Oil Companies
New offshore discoveries, increase in spending from E&P companies, and changes in regulations are set to drive the demand for FPSO
New offshore discoveries and development
Increasing oil price
Changes in regulations
Environmental concerns are seen as the hindrance in developing the offshore assets
Environment concerns
Increase in FPSO day rates
There are many factors that affect the demand for FPSO and FPO. Factors that drive the supply-demand are usually the main determinants of the floating processing unit (FPU) market and converted tanker growth. Regional political developments also impact the industry. If there are any environmental regulations and changes in other rules and regulations that affect the market, they are described. The primary driver for demand for an FPS / floating production storage and offloading vessel is the oil-field capex and supply-demand for crude oil globally. New discoveries of oil and gas naturally drive the offshore processing unit growth and the requirement for FSU / floating storage unit production vessels. The cost of oil also determines how feasible it is to charter a floating storage offloading vessel. Crude oil rates also determine the cost of running a floating production, storage & offloading vessel. The daily cost feasibility has a direct effect on market demand for storage vessels.
This section of the report details the cost of having a floating production offloading vessel or converted storage tanker and helps one understand the financial advantages and disadvantages of having one. The cost structure analysis of FPSO helps one understand the breakup of the expenditure on an FPSO. One can understand the nuances of the expenditure on an FPSO and be able to understand what the actual cost will work out to be. The report also gives details of the contract models that are followed in the industry. It is informative about the different advantages of each contract model for an offshore storage unit and the geographies in which each is more popular.
Noteworthy technological advancements that impact offshore oil & gas production and the floating processing vessel and floating storage offloading vessel market are detailed in this section of the report. This includes any proprietary or patented technology that has made an impact. The crude industry is also constantly improving the efficiency, safety, and sustainability aspects of offshore oil & gas storage and production, and the key improvements and trends in cost-effectiveness, sustainability and safety of offshore oil & gas processing are presented.
Complimentary 12-month access to Beroe LiVE
COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
(World Instant Risk Exposure)