Floating Production Systems

IMA Consulting and Research Capabilities in the Floating Production Sector

IMA has been providing market research and strategic advisory services in the floating production sector for more than 30 years. We have worked for numerous clients at all levels of the supply chain.

Consulting Services - Our assignments have included advice on market positioning, acquiring a major leasing contractor, forming an alliance to bid for large FPSO contracts, evaluating redeployment options for FPSOs, establishing residual values in FPSO contracts, targeting unmet requirements through technology development, etc.

Floating Production Systems

Around 280 floating production systems of various types are in service worldwide and another 65+ are on order.

Production floaters are very complex systems. A deepwater production floater can easily be a $1 billion construction contract - really big units in ultradeepwater can exceed $3 billion. Their construction, leasing and operation provide very attractive business opportunities.

For more information on this business sector, please visit our monthly summary of "What's New" in the floating production sector.

Industry Research - We have produced more than 60 multi-client industry reports on the floating production sector over the past 20 years. Our "floater reports" have been a widely cited reference source in the offshore industry and our annual forecast of equipment orders has been widely referenced in investment presentations, industry publications and other consulting firm reports.

The final IMA floater report in our multi-client series was published in November 2013. IMA has now teamed up with Marine Link, the world's largest print and online maritime publisher, to create a deepwater business intelligence service. Our new company, World Energy Reports, combines IMA's floating production business experience with Marine Link's publishing/IT capability and worldwide network of industry correspondents. Click here for brochure.

Jim McCaul personally manages the consulting services and industry research assignments of IMA. He is the point of contact in IMA for these activities and is available on a daily basis to look into issues and obtain answers to client questions. For further information, please give him a call at 1 202 333 8501 or email imaassoc@msn.com.

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

Bumi Armada to Appeal Ruling in FPSO Case with Woodside

February 27, 2020

Malaysian FPSO leasing company Bumi Armada will appeal a recent court decision in…

Eni Boosts Agogo Field Reserves Estimate to Over 1 Billion Barrels

February 27, 2020

Italian oil company Eni has upgraded its resource estimate for the Agogo field offshore…

Keppel Breaks FPSO Conversion Record

February 26, 2020

Singapore's offshore facilities builder Keppel has said it has delivered "the world’s…
February 2020 Monthly Floating Production Systems Report

February 2020 Monthly Floating Production Systems Report

The coronavirus crisis has sharply cut oil demand in China, sending oil prices down more than 15% from the beginning of the year, threatening offshore capex plans. Meanwhile new production floater orders keep flowing. Modec booked a major FPSO contract at end-January, increasing its order backlog to a record eight FPSO contracts being simultaneously executed. The latest FPSO, destined for Equinor’s Bacalhau (formerly Carcará) field in Brazil…

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Energy News

Hempel Taps Lindström as COO

February 27, 2020

Katarina Lindström will join Hempel as Executive Vice President & Chief Operating Officer from August 1, 2020 as the coatings…

NYK Focuses on Ammonia as Marine Fuel

February 27, 2020

Japan-based shipping giant NYK has presented its concept for using ammonia as a marine fuel or zero-emission ships as part…

Blount Named CEO at BCCK

February 26, 2020

Midland, Texas-based engineering, procurement and construction (EPC) firm BCCK, Inc. said its founder, Clark Butts and its…