Page 55: of Offshore Engineer Magazine (Apr/May 2013)

54 56

Build Type the period. Both developments are

Installation Others

Eyebrow

FPSO 35 Norway 3% anticipated to be newbuild units,

Unknown New Build 12%

Nigeria 3% 30 with North America forecast to

Conversions

Australia 4% Brazil 25 36% form a 2% share of the FPSO global

Gabon 3% 20

Australia 4% market in capital expenditure terms.

5% 15

Vietnam Offshore Middle East, a region 7%

Installations 10

Malaysia 7%8% 9% with no prior FPSO development, 5

Infeld Systems expects for the

Indonesia

Angola UK 0 9

South Pars FPSO, operated by the 10 12 13 16 16 2017

Petroiran Development Company 2015 2014 2016 the remainder of the decade, with from 9% to an 11% share of the (PEDCO) to see an installation dur-

Infeld Systems forecasting an global market, surpassing both Asia, ing the period, while capital expen- additional two FPSO units to be despite its considerably larger share diture is also expected to commence installed on the Tullow-operated of installations (30 compared to on the Leviathan and Tamar FLNG

TEN (Deepwater Tano) and Eni’s Australasia’s 4), and Europe. FPSO developments, offshore

Sankofa felds during 2015 and Offshore North America, Infeld Israel. 2017 respectively. Systems expects an additional

In regions not traditionally associ- FPSO to be installed within the Catarina Podevyn has been an ated with FPSO development, the Gulf of Mexico. This will occur analyst with Infeld Systems since coming fve years are expected to on the ultra-deepwater, Shell- 2008, has worked across various witness several milestone projects, operated Stones feld, following the sectors, and authored numerous with the Australasian market in par- Petrobras-operated Cascade FPSO articles and publications. Her core ticular emerging as a hub for FLNG in 2011, the frst FPSO installa- expertise is the foating platform development. Indeed, over the tion in the region. Offshore west- sector, and both the deepwater 2013-2017 timeframe, FPSO capital ern Canada, the Douglas Channel and ultra-deepwater markets, expenditure within the Australasian FLNG FPSO is also expected to particularly offshore West Africa region is expected to increase enter production before the end of and Latin America. 2013Offshore_ExploreAd_Layout 1 1/8/13 2:16 PM Page 1

Certi?cation | Standards | Training | Events | Statistics 877.562.5187 (Toll-free U.S. & Canada) | +1.202.682.8041(Local & International) | [email protected] | www.ap i.org

Washington, D.C. | Houston | Beijing | Singapore | Dubai

Scan for more info.

®

It’s a tough business. Look to API.

Copyright 2013 –American Petroleum Institute, all rights reserved. API, the API logo and the “tough” slogan are either trademarks or registered trademarks of API in the United States and/or other countries.

oedigital.com oedigital.com April 2013 | OE 5757 oe_fpso_infield.indd 57 4/1/13 2:26 AM