"The global FPSO market will see $8,655m in capital expenditure in 2015" according to Visiongain

LONDON - June 30, 2015 - PRLog -- LONDON, UK. 27th March 2015: Visiongain’s new report on The Floating Production, Storage and Offloading (FPSO) Market 2015-2025 indicates that the global FPSO market will see $8,655m in capital expenditure (CAPEX) in 2015 at anticipated oil prices.

The lead analyst of the report commented that: “With oil & gas production from mature fields declining and a lack of conventional onshore discoveries, prospects offshore and in deeper waters are attracting more attention as a source to meet increasing oil & gas consumption. FPSOs present an attractive, and sometimes the only, option in monetising new discoveries.  However, given the relatively high cost of constructing FPSOs, future oil prices will have a significant effect on the market over the coming decade.”

The 265 page report contains 198 tables, charts and graphs that add visual analysis in order to explain developing trends within the FPSO market. Visiongain provides annual CAPEX forecasts for the period 2015-2025 for the global market, as well as forecasts and analysis for the five main submarkets: new-build FPSOs, converted FPSOs, shallow water FPSOs, deepwater FPSOs and ultra-deepwater FPSOs. The report also includes market and submarket forecasts and analysis for ten leading national markets, as well as individualised outlooks for eight additional smaller markets. All CAPEX forecasts are presented in three different oil price scenarios: anticipated oil prices, low oil price scenario and high oil price scenario.

In addition, the report contains a dedicated leading companies’ chapter including extensive profiles, rankings and market share data for the major FPSO vessel owners and shipyards, as well as the transcripts of visiongain interviews with EMAS Offshore and Sevan Marine.

The Floating Production, Storage and Offloading (FPSO) Market 2015-2025 report will be of value to anyone who wants to better understand the FPSO market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the FPSO industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the energy, telecoms, pharmaceutical, defence and materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.