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.

September 2017 Monthly Floating Production Systems Report

September 2017 Monthly Floating Production Systems Report

As described in the September WER report, evidence is accumulating that supply and demand in the oil market is rebalancing. Oil prices are firming as excess global crude inventory continues to be worked down by strong demand growth and curtailed supply. Brent crude is now trading in the mid-$50s and the futures market is predicting prices in the upper-$50s five years out. Also in the report are details…

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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

FPSOs: New Storage Tank Explosion Frequencies

October 19, 2017

The fatal explosion in the pump room on the Brazilian FPSO Cidade de São Mateus in February 2015…

Randgrid FSO Begins Gina Krog Field Contract

October 16, 2017

Teekay Offshore Partners announced the Randgrid FSO, which was converted from one…

Exmar FSRU Locks in For Longevity with EcoLock Protection

October 16, 2017

Subsea Industries has applied its hard-type Ecolock protective coating to the hull of a 26…

Energy News

Chevron Auspends Drilling Activity in Kurdistan

October 19, 2017

Chevron has temporarily suspended oil and gas drilling activity in Iraqi Kurdistan, the company said on Thursday, in the…

Mexico Expects to Hold a Third O&G Auction in 2018

October 19, 2017

Mexico's oil regulator will likely add another oil auction in 2018 featuring conventional onshore oil and gas blocks, a senior…

SEA-3250-LT: Innovation in Offshore Wind Installations

October 19, 2017

GustoMSC is targeting the burgeoning U.S. offshore wind energy market with an innovative jack-up design that it claims will…