Page 22: of Offshore Engineer Magazine (Jan/Feb 2021)

Floating Production Outlook

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FEATURE FPSOs

More than 90% of FPSOs now in service are located in six major regions.

Brazil accounts for 29%, West Africa 24%, SE Asia 15%,

Northern Europe 13%, China 7% and Australia 5%.

The remaining 7% are spread over the Gulf of Mexico, 7%

Eastern Canada,

SW Asia, and the

Mediterranean. the topsides plant and mooring system. Counting both owned and leased units, Petrobras has 49 FP-

More than 90% of FPSOs now in service are located in six SOs under its control – 22% of the FPSO inventory. Other major regions. Brazil accounts for 29%, West Africa 24%, SE major ?eld operators utilizing FPSOs are CNOOC (13 units),

Asia 15%, Northern Europe 13%, China 7%, and Australia ExxonMobil (12), Total (9) and Shell (8). 5%. The remaining 7% are spread over the Gulf of Mexico, Major FPSO contractors are SBM, Modec, and BW Offshore.

Eastern Canada, SW Asia, and the Mediterranean. These three companies control 22% of the FPSO inventory.

Ownership of FPSOs is almost evenly split between ?eld operators and leasing contractors. Field operators own 53%

Growth in FPSO Inventory of the total inventory; leasing contractors own the remain- The number of FPSOs in operation or available for deploy- ing 47%. ment has grown by 26% over the past 10 years - from 159

Petrobras is the clear heavyweight in the FPSO sector. units at end-2011 to 200 units at end-2020. This re?ects the 22 OFFSHORE ENGINEER OEDIGITAL.COM

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