June 2018 Monthly Floating Production Systems Report

June 22, 2018

While orders for new production floaters have slowed over the past few months, the near term outlook for the floating production sector continues to be very positive. Over 200 deepwater projects are in the planning queue – with more than 20% likely to reach the contracting stage by the end of 2019. Assuming no major change in the underlying market, these projects could produce orders for 22 FPSOs, 2 production semis, 2 FLNGs and 18 FSRUs over the next 18 months. Our June report provides a summary of these projects. Also in the data section of the report are details for 229 floater projects in the planning stage, 48 production or storage floaters now on order, 300 floating production units currently in service and 29 production floaters available for redeployment contracts. Charts in the report update the location where floating production and storage systems are being planned, operating, being built and to be installed. Accompanying excel spreadsheets provide the report data in sortable format. Information is current as of 22 June.

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