Complete Analysis of Global Floating Production System Market 2016-20 Complete Analysis of Global Floating Production Sy
Global Floating Production System Market 2016-2020
Global Floating Production System Market 2016-2020 is the latest addition to Sandlerresearch.org
industry research reports collection.
FPS are offshore production facilities that are used for the production of hydrocarbons. The process
involved separates oil, water, gas, sand, and so on, and distributes the yields to storage, disposal, or
transportation facilities. FPS are an essential component required for offshore oil and gas developments.
FPS are used for drilling and exploration activities in offshore oil and gas production at various water
depths. Main types of FPS include FPSO, production semisubmersibles, TLP, SPARS, and others. Globally,
the most common types of FPS units are FPSOs. FPSOs are ship-shaped vessels, which have a processing
equipment and hydrocarbon storage capabilities. After processing, an FPSO stores oil or gas before
unloading to shuttle tankers or transporting hydrocarbons through pipelines.
The analysts forecast Global Floating Production System Market to grow at a CAGR of 17.89% during
the period 2016-2020.
Covered in this Report
This report covers the present scenario and the growth prospects of the global Floating Production
System Market for 2016-2020.
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Key regions
Americas
APAC
EMEA
Key vendors
BW Offshore
Chevron
Petrobras
Shell
Other prominent vendors
Golar LNG