Page 20: of Marine Technology Magazine (October 2014)

Subsea Defense

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324 oil/gas ß oating production units are now in service, on order or available for reuse on another Þ eld. FPSOs account for 65% of the existing systems, 78% of systems on order. Production semis, barges, spars and TLPs comprise the balance. The oil/ gas production ß oater inventory is the same as last month. There were no orders for additional production systems in September. Another 30 ß oating LNG processing systems are in service or on order. Liquefaction ß oaters account for 17%, regasiÞ cation ß oaters 83%. No liquefaction ß oaters are yet in service Ð all 5 are on order. Total LNG inventory has in- creased by one unit since last month, the result of an order for an FSRU to be positioned in Dubai. DUSUP in September awarded Excelerate a ten year charter to provide/operate an FSRU in Jebal Ali. This will be a second FSRU in the port Ð the Golar Freeze is already operating as a regas terminal in Jebal Ali. An existing Explorer-class regas carrier will be modiÞ ed to be able to produce 800 mmcf/d. Operation is to start in 2016. In addition, 102 ß oating storage units are in ser- vice, on order or available. Floater Projects in the Planning Stage ? 233 ß oating pro-duction projects are in various stages of planning as of be- ginning September. Of these, 58% involve an FPSO, 13% another type oil/gas production ß oater, 23% liquefaction or regasiÞ cation ß oater and 6% storage/ofß oading ß oater. Brazil, Africa and SE Asia continue to be the major locations of ß oating production projects in the visible planning stage. We are tracking 43 projects in Brazil, 49 in Africa and 40 proj- ects in SEA Ð 57% of the visible planned ß oating production projects worldwide. Several large projects in Brazil and (less so) Africa will require multiple production units. Overall, up Floating Floating Production Production Systems SystemsWhat?s New in October Floating Production Total ActiveOn OrderAvailable Oil/Gas ProdutionFPSO2161633617 Production Barge10820 Production Semi484125 Production Spar222020 TLP282440 Total3242564622 LNG ProcessingFLNG5050 FSRU2513120 Storage SystemsFSO1029381 Number of Floating Production and Storage Units In Service, On Order or Available for Reuse (As of 1 October 2014) Type System Required Number of ProjectsFPSO135OTHER FPS30FLNG34FSRU20FSO14Total 233Breakdown of Planned Projects by Type Production System Required (As of 1 October 2014) By Jim McCaul20 MTROctober 2014MTR #8 (18-33).indd 20MTR #8 (18-33).indd 2010/10/2014 1:47:54 PM10/10/2014 1:47:54 PM

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