Webinar: Floating Production Forecasts & Analysis

July 24, 2020

World Energy Reports LLC.
AdobeStock_62563451.jpeg

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.

Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.m. (EDT). REGISTER HERE.

The effects of the COVID-19 crisis and oil supply glut continue to seriously dampen investment appetite in the oil and gas sector, putting new deepwater project starts on hold through at least the third quarter of this year.

But with oil prices now in the low $40s range on the back of OPEC+ supply cuts and rebalancing oil supply and demand, WER expects oil prices to continue to rise over the next six months toward a gradual pickup in floating production activity beginning in late 2020/early 2021.

Petrobras said on Friday it has approved the start of a tender to build three new floating production, storage and offloading units (FPSO) to join four already operating in the Buzios oilfield. The company aims to have a dozen FPSOs operating in the large deepwater oilfield by the end of the decade.

WER expects deepwater projects in Brazil, as well as Guyana, Australia and potentially Nigeria, will be in the vanguard of production floater orders as the offshore rebound begins.

Webinar speakers Matthew Tremblay, ABS Senior Vice President of Global Offshore Markets, and Jim McCaul, World Energy Reports Managing Director, will address these developments and more, with insight into the 214 floater projects in the planning stage, 44 production or storage floaters now on order, 306 floating production units currently in service and 40 production floaters available for redeployment contracts. REGISTER HERE.

Floating Production Week delivers unrivaled overview, insight and analysis to the Offshore Floating Production Systems and Technology market

Floating Production Systems Report And Online Database

  • Monthly reports -- Our monthly reports provide a detailed snapshot of the business sector as of the middle of each month. More than 80 pages of data and industry analysis each month. Excel spreadsheets with each report enable subscribers to tailor the data presentation to their needs. In October of each year we provide a detailed five year forecast of production floater orders. In March of each year we fine tune the forecast and make revisions as needed.
  • Online database -- The online database is updated every day – with information direct from primary sources. In the database are details for 240 planned projects, 370 installations in service, 70+ floaters on order and 20+ floaters available. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database.
  • Customer support -- We are available to assist with technical questions about information in the database and reports -- and assist with any questions about using the database search tools.

Here's what you get!

Request a Free Sample Report