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.

August 2017 Monthly Floating Production Systems Report

August 2017 Monthly Floating Production Systems Report

As described in the August report, oil prices have returned to the low-$50s as global crude inventory continues to be worked down. Increasing oil demand and curtailed supply has been trimming the excess crude stock that built up in late 2016/early 2007 -- giving support to near term crude pricing. Meanwhile two major FPSO contractors have expressed their confidence in the future FPSO market – one by ordering a speculative FPSO hull…

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There Are Signs of Hope for the Energy Industry

Video: There Are Signs of Hope for the Energy Industry

Jim McCaul, founder of International Maritime Associates, discusses the rebounding energy sector and the state of floating production.

Floating Production News

Prelude FLNG Enters into Lloyd’s Register Class

August 23, 2017

Shell’s floating liquefied natural gas (FLNG) facility Prelude has officially entered…

Chevron CEO John Watson to Step Down

August 22, 2017

Chevron Corp Chief Executive John Watson is stepping down from his post atop the…

Former CEO of Brazil's Petrobras Charged with Corruption

August 22, 2017

Brazilian prosecutors on Tuesday charged the former chief executive officer of state…

Energy News

Rosneft Awards Tender to Sell Venezuelan Heavy Oil

August 23, 2017

Russian oil company Rosneft has awarded a group of refining and trading firms including U.S. companies a tender to sell a…

Alberta Sees Lower Revenues on Weak Oil Prices

August 23, 2017

Canada's largest crude-producing province Alberta downgraded its 2017-18 revenue forecast on Wednesday because of lower-than…

Sistema to Pay Rosneft $2.3 Bln in Damages

August 23, 2017

A Russian court ruled on Wednesday that conglomerate Sistema should pay more than 136 billion roubles ($2.3 billion) to oil…