Recent Articles

Which FLNG and FSRU Projects Are Likely To Clear the Investment Hurdle?

February 14, 2019

Jim McCaul — IMA/World Energy Reports has just completed a twelve month detailed assessment of the floating liquefaction and regasification market. The 150+ page study examines future market opportunities

Growth in the FPSO Sector and Outlook for New Orders

February 12, 2019

Jim McCaul — Floating production storage and offloading vessels (FPSOs) are by far the most popular type of floating production system. They account for two thirds of the oil/gas production floaters now

Floater Sector Beginning to Regain Traction -- With More Than 70 Projects Awaiting the Market Upturn Signal

April 15, 2017

Jim McCaul -- Orders for production floaters have finally begun to flow.  The break came early this year when contracts for a production semi for use in the GOM and an FPSO for use off Malaysia were awarded.

Events Over the Past Two Months Have Changed the Dynamics of Domestic Energy Development

December 12, 2016

Jim McCaul -- Donald Trump’s presidential win and Republican sweep of the US government in November – along with OPEC’s oil production cuts in December -- have injected new dynamics into the US energy

Floating Production Systems Contracts Hit by Market Downturn – But the Cycle Seems to Have Bottomed

April 28, 2016

Jim McCaul -- No question that the market for new floating production systems has taken a battering. The past 12 to 18 months have been a difficult period for everyone in the business sector. Absence of

Some Earlier Articles and Presentations

"Near Term Outlook for Floating Production System Orders" - August 2015 issue of Kaiji Press, authored by Jim McCaul and Junko Ujiie, IMA/World Energy Reports (Japanese version)

"Update on the Floating Production Market" - February 2015 issue of Maritime Reporter and Engineering News, authored by Jim McCaul

Outlook for FPSO Orders Over the Next Five Years, presentation prepared by Jim McCaul for the Global FPSO Forum - September 25, 2014

"Update on the Floating Production Sector" - July 2014, a note by Jim McCaul and Junko Ujiie (Japanese version)

"Floating Production System Orders Outlook" - May 2014 issue of Maritime Reporter and Engineering News, authored by Jim McCaul

"Projected Requirements for FPSOs Over the Next Five Years" - May 2014 issue of Offshore Magazine, authored by Jim McCaul

Future FPSO Projects in the Decision-Making Process, presentation by Jim McCaul at the Emerging FPSO Forum - September 25, 2013

"Opportunities for Shipbuilders and Repair Yards In the Huge and Growing Market for Floating Production Systems" - September 2013 issue of Maritime Reporter and Engineering News, authored by Jim McCaul

"Is Shale Oil a Threat to Future Deepwater Development?" - September 2013, a note by Jim McCaul

"Floating Production Systems to Grow 40% in Five Years" - April 2013 issue of Marine Technology, authored by Jim McCaul


"120 to 175 Floating Production Systems Forecast Over the Next Five Years" - March 2011 issue of Oil and Gas Journal, authored by Jim McCaul

Floating Production Systems, presentation by Jim McCaul at Tulane Energy Week - 2010

"Oil Price Drop Unevenly Affects Floating Production Projects" - February 2009 issue of Oil and Gas Journal, authored by Jim McCaul

"Growth of Floating Production Systems Accelerates" - May 2008 issue of Oil and Gas Journal, authored by Jim McCaul

FPSO Industry Focus - Setting the Scene, presentation by Jim McCaul at Intsok International Oil and Gas Business Days - 2007

"Growing Requirement For Floating Production Systems" - May 2006 issue of Maritime Technology Reporter, authored by Jim McCaul

"Outlook For Floating Production Systems" - August 2003 issue of Maritime Reporter and Engineering News, authored by Jim McCaul

The Impact of Ports on Accessing International Markets, presentation by Jim McCaul at the World Bank Transport Forum, January 22, 2003

The Deepwater Gulf of Mexico, presentation by Jim McCaul to Intsok Partners, March 4, 2002

Overview of the Floating Production Systems Sector, presentation by Jim McCaul at the 18th Annual Floating Production Systems Conference and Exhibition, December 2001

Ultra-Deepwater Production and Need for Shuttle Tankers in the Gulf of Mexico, presentation by Jim McCaul at the 6th Annual Deepwater Technologies & Development Conference, September 2001

"Floating Production Systems Provide a Capability to Produce Deepwater and Remote Fields" - June 11, 2001 issue of Oil and Gas Journal, authored by Jim McCaul

"Future Requirements for Shuttle Tankers in the Gulf of Mexico" - June 2001 issue of Maritime Reporter and Engineering News, authored by Jim McCaul

"Outlook for Deepwater Drill Rigs, Offshore Construction Equipment and Floating Production Systems" - May 1998 issue of Offshore, co-authored by Jim McCaul and Eric Smith, President Saipem, Inc.

Report

FLOATING LIQUEFACTION AND REGASIFICATION
an Assessment of Future Requirements for FLNGs and FSRUs

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FLOATING LIQUEFACTION AND REGASIFICATION - An Assessment of Future Requirements for FLNGs and FSRUs

2019 Annual Outlook. Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle. Many FLNG and FSRU projects are planned – but only some will ultimately will move forward to development. The goal of our report is to objectively sort out likely winners and losers – and explain the rationale for the rating.
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Floating Production News

P-68 FPSO Starts Production

November 15, 2019

The Petrobras-operated P-68 floting production, storage and offloading unit (FPSO)…

SBM Offshore Lifts Guidance

November 14, 2019

Dutch oil and gas services firm SBM Offshore on Thursday raised its full-year core…

Tullow Oil Shares Sink

November 13, 2019

Tullow Oil cut its outlook for production and cash flow because of persistent problems in Ghana…
Annual 2020 Floating Production Systems Report

Annual 2020 Floating Production Systems Report

WER's 2020/24 forecast of floating production system orders is now available. The 95 page report provides our assessment of ten underlying market drivers that will determine the pace of orders for production floaters over the next five years. We examine future oil/gas demand growth, deepwater's role in the future energy supply mix, risk of future oil/gas supply disruption, future oil and gas prices…

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Energy News

AG&P Invests in Kanfer Shipping, Eyes LNG

November 18, 2019

Global downstream gas and LNG logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in…

Kim Heng Enters Taiwan’s OWP

November 18, 2019

Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into…

San Diego Port Buys Eco-Friendly Fleet

November 18, 2019

The Port of San Diego in the US is planning to purchase seven vehicles for its work fleet that will run on renewable diesel fuel…