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.

2023 Annual Review and Forecast Report

2023 Annual Review and Forecast Report

There has been a strong recovery in the deepwater sector and the business environment is much different now than two years ago. Crude oil prices have rebounded to the $80s+ and upstream operators are reporting record profits. They are still holding back on major increases in capital spending. But this is changing. Oil prices have risen to levels that support investment in new facilities and capex budgets are slowly expanding. The profit opportunities are too great to pass up.

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Floating Production News

Petrobras 'Pre-salt' Geologist Tapped to Head E&P

January 30, 2023

The new Chief Executive of Brazil's Petrobras , Jean Paul Prates, has picked geologist…

Yinson's FPSO Contract in Nigeria Ends after 16 Years as Client Opts to Buy the Floater

January 12, 2023

The Malaysian FPSO leasing company Yinson has completed the 16-year contract for…

German Green Group Seeks to Cut Wilhelmshaven FSRU License by 10 Years

January 11, 2023

A German environmental group has lodged a complaint calling for the operating licence…

Energy News

Thinking Holistically about Hydrogen’s Place in the Energy Transition

February 3, 2023

As energy operators across the world come to terms with the continuously changing nature of the energy transition, the need…

Thinking Holistically About Hydrogen’s Place in the Energy Transition

February 2, 2023

As energy operators across the world come to terms with the continuously changing nature of the energy transition, the need…

Exxon Banks Record $56B Profit in '22

January 31, 2023

Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year…