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Fighting the Double Whammy

Fighting the Double Whammy

The FPSO Network has put together this exclusive report which includes perspectives from several industry leaders on navigating the ripple effects from the volatile oil prices and the global COVID-19 pandemic. Our expert contributors share their insights into the new approaches FPSO leaders today must consider to counteract and de-risk their project strategies in this highly challenging time.

In this report, we look 4 parts:

  1. Impact of COVID-19 and the oil price war on the FPSO industry
  2. The road ahead for potential and planned projects
  3. FPSO project investments risk appetite
  4. What's next?

Download to read the first segment of the report.

Staying Resilient in the Battle Ahead of Another Oil Rout

Staying Resilient in the Battle Ahead of Another Oil Rout

Ahead of the FPSO World Congress, the FPSO Network has put together this market report, which includes key lessons that the industry has learnt previously. It is now more important than ever to drive these innovative business models and cost-savings efforts during this unpredictable time, to boost favourable project economics and improve break-even levels for FPSO projects.

In this report, we cover: 

  • Aligning project conceptulisation & executive to reduce cost
  • Harnessing value engineering to reduce CAPEX in FPSO projects
  • Reducing OPEX through robust front-end planning
  • Maximising FPSO efficiency in its later life
IHS Markit Report - FPSO Projects in the Pipeline

IHS Markit Report - FPSO Projects in the Pipeline

In 2019, we saw a positive market sentiment due to stabilising oil price and encouraging government regulations in oil-rich regions, it was predicted to have more FPSO projects coming online and being commissioned.

Moving into 2020, the sudden COVID-19 disruption and the oil price war have shaken the FPSO industry. The FPSO World Congress team caught up with IHS Markit to discuss the current oil situation and what their forecast is for 2020 and beyond.

Download now to see the how the FPSO market is shaping up in Asia Pacific, Central and South America and Europe, Africa and the Middle East.

The State of the FPSO Market 2019 (Infographic)

The State of the FPSO Market 2019 (Infographic)

With more than 30 FPSO projects set to reach FID by 2021, the commercial viability of FPSO in offshore E&P has never been clearer. For 2019 and beyond we surveyed industry leaders and examined how FPSO professionals feel about the future of the sector.

Here is our infographic representation of the results ahead of the full detailed report which will be released soon. 


The State of the FPSO Market 2019 - Full Report

The State of the FPSO Market 2019 - Full Report

This is the full detailed report from the State of the FPSO Market 2019 (Infographic) content.

For 2019 and beyond we surveyed industry leaders and examined how FPSO professionals feel about the future of the sector.

Deep dive into the report to discover industry answers on topics such as:

  • Project delivery and management 
  • Digital solutions
  • Impact of evolving business models 
  • Topside technology selection 

Download to see if their views marry up with your own. 

Attendee Snapshot

Attendee Snapshot

Current Attendee Snapshot for those you can expect to see at FPSO World Congress 2019.

What are the key digital solutions for the FPSO industry?

What are the key digital solutions for the FPSO industry?

The reason to digitalise anything is to change the status quo. Applied correctly, digitalisation could revolutionise the FPSO industry. As concerted efforts are made to improve project economics, digitalisation can help with evaluating and analysing data, improve cost savings, safety as well as technical and operational capabilities.

Digital transformation requires a change in mind-set, a long-term strategy and investment. In this article we explore the digital solutions you could be investing in to improve your FPSO operations. 


What FPSO Projects are in the Pipeline

What FPSO Projects are in the Pipeline

Given the positive market sentiments due to stabilising oil price and encouraging government regulations in oil-rich regions, there are more FPSO projects coming online and being commissioned.

With information provided by IHS Markit we have produced a region by region view on the FPSO projects around the world that are currently under construction and a few that are in the planned phase. 

Download now to see the how the FPSO market is shaping up in Asia Pacific, Central and South America and Europe, Africa and the Middle East 


Why China is Setting Sail for Success in the FPSO Market

Why China is Setting Sail for Success in the FPSO Market

China is increasingly becoming a behemoth player in the international FPSO market. Signs point towards it taking precedence in the global market due to its development of expertise and production advancement.

In this report we spoke with David Boggs, founder and Managing Director of market intelligence firm Energy Maritime Associates on the rise of the FPSO China market. 

Boggs discusses the gradual build up of expertise in the shipyards and the move towards working with an international market. He also shares the top advantages to executing a project in China along with those that have been successful and what the future holds. 

Download article to read more.