Page 54: of Maritime Reporter Magazine (November 2013)

54 Maritime Reporter & Engineering News ? NOVEMBER 2013 Offshore DeepwaterCurrently, 319 oil/gas ß oat-ing production units are now in service, on order or being remarketed for reuse. FPSOs account for 66% of the existing systems, 73% of systems on order. Another 25 ß oating LNG processing systems are in service or on order. Liquefaction ß oat-ers account for 16%, regasiÞ cation ß oat-ers 84%. No liquefaction units are yet in service ? all 4 are on order. In addition, 102 ß oating storage units are in service, on order or available. (See table right)Growing Number of Available Units Sixteen production ß oaters (13 FPSOs, 3 Semis) are off Þ eld and being remar- keted for redeployment. Another FPSO and an FSRU on order do not yet have a Þ eld contract ? and a new FPSO just de- livered to Brazil (OSX3) could come on the re-sale market as the Þ eld operator (OSG) has Þ nancially collapsed. Trend in Inventory The inventory of oil/gas ß oating pro-duction units is 15% greater than Þ ve years ago and 66% higher than ten years back. This comparison includes all units in service, on order and off Þ eld ? but excludes LNG processing units. If the latter are included, the growth is 21% and 79% respectively. Orders to Date in 2013Since the beginning of the year there have been orders for 24 production ß oaters with a total contract value of Floating Production Floating Production What?s new in November with Petrobras? P-55 FPU in Rio Grande, Brazil, where it was built to BV class.By Jim McCaul, International Maritime AssociatesNumber of Floating Production and Storage Units In Service, On Order and Off Field/Being Remarketed (as of 1 November 2013) Total Active On Order Off Field Oil & Gas ProcessingFPSO 211 158 40 13 Production Barge 9 8 1 0 Production Semi 48 40 5 3Production Spar 23 19 4 0TLP 28 23 5 0Total 319 248 55 16 LNG ProcessingFLNG 4 0 4 0 FSRU 21 8 13 0 Storage Systems FSO 102 94 7 1MR #11 (50-57).indd 54MR #11 (50-57).indd 5411/11/2013 12:09:01 PM11/11/2013 12:09:01 PM