Floating production analysis
Douglas-Westwood’s latest World Floating Production Market Report forecasts a strong increase in expenditure over the next few years, driven by a surge in installations. Indeed, the report predicts that more than 100 floating production systems will be installed worldwide during the 2010-2014 period at a total value of approximately $45bn, writes Douglas-Westwood’s Lucy Miller.
Article details
Journal title: Petroleum Review
Region: Worldwide
Publisher: Energy Institute
Subjects: Information systems, Energy engineering, Trading, Gas markets, Oil markets, Research and development, Systems Analysis and Design, Energy research, Oil and gas extraction, Oil and gas, Primary energy production, Floating production facility, FPSO, Well testing