Mining Technology & Minerals Market Research News

Research report explores the FPSO market report for 2017

Mining Market Research

Adoptability for operation in deep well and high return on investment create new growth opportunities for the Floating, production, storage, and offloading (FPSO) market.

Floating, production, storage, and offloading (FPSO) unit is used in oil & gas industry to manufacture and process hydrocarbons and for storage of oil. This unit is designed to accumulate hydrocarbons produced by the production plant, and stores them until they are offloaded into a tanker or transferred through a pipeline.

In addition, these units are effective in deep water or remote locations, where seabed pipelines are not affordable. Moreover, the need to install long-distance pipelines from the processing facility to onshore points is eliminated, which presents an affordable solution for smaller oil fields.

Furthermore, on depletion of fields, the unit can be shifted to a new location.

Inquire About Report:…lobal-fpso-market


Growth in demand for exploration & production in offshore fields and increase in demand for converted FPSO are factors that fuel the growth of the FPSO market. However, low crude oil prices limit the market growth. 

The global FPSO market is segmented on the basis of product type, depth, and geography. Based on product type, the market is classified into converted, redeployed, and newly built.

Water depth segment is categorized into shallow water, deep water, and ultra-deep water. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.


Continue to Report Description and Request Full ToC:…lobal-fpso-market

Key players operating in the global FPSO market are

-SBM Offshore N.V.,

-Hyundai Heavy Industries Co. Ltd.,

-MODEC Inc.,

-BW Offshore,

-Yinson Holdings Berhad,

-Aker Solutions ASA,

-Samsung Heavy Industries Co. Ltd.,

-Teekay Corporation,

-Bluewater Energy Services B.V., and others.

These players have adopted product launches, merger & acquisition, expansion, collaborations, joint ventures, partnerships, and others to strengthen their position in the industry.

Get Report:…lobal-fpso-market


News From

Progressive MarketsProgressive Markets
Category: Market Research Publishers and RetailersCompany about: Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S.  that aims to deliver conversant executive support to foster overall growth of an organization in its domain. With more than 442 syndicate and customized research reports for 11 industry verticals at hand, the plausible resolutions to your business concerns are just one-query away. The company offers client-centric customizations on research reports ...
This email address is being protected from spambots. You need JavaScript enabled to view it.