November 2019 Monthly Floating Production Systems Report

November 24, 2019

There has been a flurry of production floater contracts over the past two months. Five production floaters and a storage unit were ordered in October/November – representing a combined capital expenditure of around $8 billion. Details for the recent contracts are provided in our November report. We also provide an update on deepwater production offshore Brazil. Output on Brazilian floating production systems has now reached almost 3 mb/d – representing 3% of global oil output. In the report we profile the daily oil, gas and water production on each of the 53 FPSOs and production semis now operating in the Campos and Santos Basins. In the data section of the report are details for 216 floater projects in the planning stage, 47 production or storage floaters now on order, 302 floating production units currently in service and 35 production floaters available for redeployment contracts. Charts in the report update the location where floating production and storage systems are being planned, operating and under construction. Accompanying excel spreadsheets provide the report data in sortable format. Information is current as of 23 November.

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