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Market Outlook

This section will cover the macro outlook of the oil and gas and FPSO markets, with articles and reports provided to give users an understanding on the historical and current trends.

Posted: 04/12/2016
The Future of Floating Production: Six Things You Need to Know Now
It's no secret that the floating production market is suffering during the current low oil price. The lack of new contracts has forced industry players to drastically reduce costs, affecting both personnel and spending. But despite this gloomy situation, the deepwater production sector will recover, oil demand continues to grow and although the sig Full Article »

Some very successful offshore oil and gas developments were created in early 1990s in the UK North Sea using the alliance form of contracting in the aftermath of the last major, sustained downturn in oil prices (BP-Andrew, Conoco/Chevron- Britannia). 

In this presentation, Prabhat Garga, Senior Advisor from Upstream Advisors discusses why were they successful then but not consistently pursued thereafter. Do similar conditions exist today for successful ‘alliance’ based delivery of projects? Key and relevant lessons learned from those 2 developments will be discussed for their possible use in future alliance projects.

Full Video »
Posted: 01/10/2017
FPSO Europe Profiling report
The FPSO industry has been evolving to adapt to the market climate over the past few years. With this new-found awareness across the FPSO value chain of how cooperation and project delivery must change, comes an unprecedented opportunity to improve the processes and standards of the industry for long-term sustainability and growth. To discover what Full Sector Report »