Page 55: of Maritime Reporter Magazine (November 2013)

Marine Propulsion Annual

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www.marinelink.com 55~$19 billion. The orders include 11 FP- SOs, 2 TLPs, 1 Spar, 2 Barges (1 oil/gas, 1 LNG), 7 FSRUs and 1 MOPU. Details for orders to date in 2013 are available at www.imastudies.com. The pace of production ß oater orders thus far this year has been running above the long term average. Over the past 15 years orders have averaged 1.2 units per month. The order intake pace this year has been averaging 2.4 units per month.But the market could be hitting resis-tance. FPSO orders in particular have been relatively weak. Over the past Þ ve years an average of 15 FPSOs have been ordered annually. At the moment it looks like this year will not reach this level of orders. Backlog of planned ß oater projects ? 218 ß oating production projects are in various stages of planning as of begin-ning November. As shown below, close to 60% entail use of an FPSO. Where Planned Projects are Located Brazil is the major location where future ß oating production projects are in the planning stage. 22% of visible planned projects are located in Brazil. Several Brazilian projects will require multiple production units. Libra could require 12 production units, Jupiter 6 units, Lula 2+ units. When these large projects are taken into account, Brazil represents almost 30% of visible ß oating production system orders in the planning stage. A breakdown of planned ß oating production projects by location is below. Location of Floating Production Projects in the Planning Stage(as of 1 November 2013) Project Location # of Projects Brazil 49Africa 48SE Asia 34No. Europe 20 GOM 18 Aust/NZ 15 Med 11 SW Asia 12 Other 11 Total 218 About IMA & Jim McCaulIMA provides mar- ket analysis and strategic planning advice in the ma-rine and offshore sectors. Over 40 years we have performed more than 350 business consulting assign-ments for 170+ clients in 40+ countries. We have assisted numerous shipbuild- ers, ship repair yards and manufacturers in forming a a plan of action to penetrate the offshore market. Our assignments have included advice on acquiring an FPSO contractor, forming an alliance to bid for large FPSO contracts, satisfying local content requirements and targeting unmet requirements through technology development.Tel: 1 202 333 8501 e: [email protected] www.imastudies.comPlanned Projects by Type Production System Required (as of 1 November 2013) Type of System # of Projects FPSO 125Other FPS 35FLNG 21 FSRU 25 FSO 12Total 218 MR #11 (50-57).indd 55MR #11 (50-57).indd 5511/11/2013 12:10:03 PM11/11/2013 12:10:03 PM

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