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.

November 2017 Monthly Floating Production Systems Report

November 2017 Monthly Floating Production Systems Report

As detailed in the November WER report, ordering activity for production floaters continues to accelerate. In mid-November Statoil selected Sembcorp for a $490 million contract to build the FPSO hull for the Johan Castberg field in the Barents Sea. This order brings the number of FPSO contracts to nine so far in 2017 – vs. three in 2015 and none in 2016. A second FPSO contract, for the North Sea Penguins field, is widely rumored to be near contract award, with Fluor as the EPC contractor.

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Floating Production News

Trelleborg Solutions for FLNG Ship-to-Shore System

December 13, 2017

Trelleborg has hailed the recent test of the Universal Transfer System (UTS) conducted…

Former Chief of Daewoo Shipbuilding Gets 6 Years in Jail

December 9, 2017

Former Daewoo Shipbuilding & Marine Engineering (DSME) boss Nam Sang-tae sentenced…

Aker to Design Johan Castberg FPSO Accommodations

December 9, 2017

Aker Solutions won a contract from Sembcorp Marine to design the living quarters…

Energy News

Rising US Output Weighs on Oil Prices

December 14, 2017

Oil prices came under pressure on Thursday after the International Energy Agency (IEA) increased its forecast for growth in U.S.

Aker Solutions Secures Subsea Services Work for Statoil

December 14, 2017

Aker Solutions said it has secured a framework agreement to provide subsea services for Statoil-operated oil and gas fields offshore Norway.

EIC Appoints Two New Board Members

December 14, 2017

The Energy Industries Council (EIC), a leading trade association for companies that supply goods and services to the energy industries worldwide…