FPSO Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031
Report Highlights
FPSO Market – Scope of Report
Floating production storage and offloading (FPSO) unit is a floating facility based on an oil tanker hull. It is equipped with a hydrocarbon processing unit for the treatment and separation of water, gases, and crude oil, arriving on board from sub-sea oil wells via flexible pipelines. Processed oil is, then, transferred to cargo tanks in the FPSO ship’s hull. Processed gas is used as fuel for on-board power generation, and surplus gas is either exported via a pipeline to onshore areas or re-injected back into the subsea reservoirs. FPSOs enable the production of oil in deeper water and remote areas with economically viable technologies such as fixed piled structures. Moreover, they have the capacity to store processed crude oil and are equipped with an offloading system to transfer the crude oil to tankers for shipment to refineries.
This report analyzes and forecasts the FPSO market at the global and regional levels. The market has been forecast based on revenue (US$ Bn) from 2021 to 2031, considering 2020 as the base year. The study includes drivers and restraints of the global FPSO market. It also covers the impact of these drivers and restraints on the demand for FPSOs. The report also highlights opportunities in the FPSO market at the global and regional levels.
The report includes International Maritime Organization (IMO) regulations, by region, and investment scenario. The study encompasses market attractiveness analysis, wherein segments are benchmarked in terms of type, operator, application, hull, and propulsion based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global FPSO market by segmenting it in terms of type, operator, application, hull, and propulsion. In terms of type, the FPSO market can be classified into converted, new build, and redeployed. Based on operator, the market can be categorized into small independent, large independent, leased operator, and major national oil companies (NOCs). In terms of application, the market can be split into shallow water, deep water, and ultra-deep water. Based on hull, the market can be classified into single hull and double hull. In terms of propulsion system, the market can be categorized into self-propelled and towed. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for FPSOs in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual size of the FPSO market for 2020 and estimated market size for 2021 to 2031. The global market for FPSO has been provided in terms of revenue. Market revenue has been provided in US$ Bn. Market size has been provided in terms of global, regional, and country-level markets.
Key players operating in the global FPSO market are MODEC, Inc., SBM Offshore N.V., BW Offshore, Bluewater Energy Services B.V., Bumi Armada Berhad, Yinson Holdings Berhad, and Teekay Corporation.
Key Questions Answered in TMR’s Report on FPSO Market
The report provides detailed information about the global FPSO market on the basis of a comprehensive research on various factors that are playing a key role in accelerating the growth potential of the global market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global FPSO market, so as to help them design successful strategies and make target-driven decisions.
- Which type segment of the global FPSO market would emerge as major revenue generator during the forecast period?
- Which operator segment of the global FPSO market would emerge as major revenue generator during the forecast period?
- How are key market players successfully earning revenue out of advantages of FPSO?
- What would be the Y-o-Y growth trend of the global FPSO market between 2021 and 2031?
- What are the winning imperatives of leading players operating in the global FPSO market?
- Which application segment is expected to create lucrative opportunities for the global FPSO market during the forecast period?
Research Methodology – FPSO Market
The research methodology adopted by analysts for compiling the global FPSO market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecast for the global FPSO market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global FPSO market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global FPSO market.
- Table 1 : Global FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 2 : Global FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 3 : Global FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 4 : Global FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020–2031
- Table 5 : Global FPSO Market Value (US$ Bn) Forecast, by Hull, 2020–2031
- Table 6 : Global FPSO Market Value (US$ Bn) Forecast, by Region, 2020–2031
- Table 7 : North America FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 8 : North America FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 9 : North America FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 10 : North America FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020–2031
- Table 11 : North America FPSO Market Value (US$ Bn) Forecast, by Hull, 2020–2031
- Table 12 : North America FPSO Market Value (US$ Bn) Forecast, by Country, 2020–2031
- Table 13 : U.S. FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 14 : U.S. FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 15 : U.S. FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 16 : U.S. FPSO Market Value (US$ Bn) Forecast, by Propulsion, 2020–2031
- Table 17 : U.S. FPSO Market Value (US$ Bn) Forecast, by Hull, 2020–2031
- Table 18 : Canada FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 19 : Canada FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 20 : Canada FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 21 : Canada FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 22 : Canada FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 23 : Europe FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 24 : Europe FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 25 : Europe FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 26 : Europe FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 27 : Europe FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 28 : Europe FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
- Table 29 : Germany FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 30 : Germany FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 31 : Germany FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 32 : Germany FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 33 : France FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 34 : France FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 35 : France FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 36 : France FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 37 : France FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 38 : U.K. FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 39 : U.K. FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 40 : U.K. FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 41 : U.K. FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 42 : U.K. FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 43 : Italy FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 44 : Italy FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 45 : Italy FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 46 : Italy FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 47 : Italy FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 48 : Spain FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 49 : Spain FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 50 : Spain FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 51 : Spain FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 52 : Spain FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 53 : Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 54 : Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 55 : Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 56 : Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 57 : Russia & CIS FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 58 : Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 59 : Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 60 : Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 61 : Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 62 : Rest of Europe FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 63 : Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 64 : Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 65 : Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 66 : Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 67 : Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 68 : Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
- Table 69 : China FPSO Market Value (US$ Bn) Forecast, by Type 2020–2031
- Table 70 : China FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 71 : China FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 72 : China FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 73 : China FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 74 : Japan FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 75 : Japan FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 76 : Japan FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 77 : Japan FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 78 : Japan FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 79 : India FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 80 : India FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 81 : India FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 82 : India FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 83 : India FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 84 : ASEAN FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 85 : ASEAN FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 86 : ASEAN FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 87 : ASEAN FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 88 : ASEAN FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 89 : Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 90 : Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 91 : Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 92 : Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 93 : Rest of Asia Pacific FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 94 : Latin America FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 95 : Latin America FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 96 : Latin America FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 97 : Latin America FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 98 : Latin America FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 99 : Latin America FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
- Table 100 : Brazil FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 101 : Brazil FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 102 : Brazil FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 103 : Brazil FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 104 : Brazil FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 105 : Mexico FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 106 : Mexico FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 107 : Mexico FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 108 : Mexico FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 109 : Mexico FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 110 : Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 111 : Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 112 : Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 113 : Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 114 : Rest of Latin America FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 115 : Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 116 : Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 117 : Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 118 : Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 119 : Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 120 : Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Country and Sub-region, 2020–2031
- Table 121 : GCC FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 122 : GCC FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 123 : GCC FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 124 : GCC FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 125 : GCC FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Table 126 : South Africa FPSO Market Value (US$ Bn) Forecast, by Type, 2020–2031
- Table 127 : South Africa FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 128 : South Africa FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 129 : South Africa FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 130 : South Africa FPSO Market Value (US$ Bn) Forecast, by Hull, 2020–2031
- Table 131 : Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Operator, 2020–2031
- Table 132 : Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Application, 2020–2031
- Table 133 : Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Propulsion 2020–2031
- Table 134 : Rest of Middle East & Africa FPSO Market Value (US$ Bn) Forecast, by Hull 2020–2031
- Figure 1 : Global FPSO Market Volume Share Analysis, by Type, 2020, 2025, and 2031
- Figure 2 : Global FPSO Market Attractiveness, by Type
- Figure 3 : Global FPSO Market Volume Share Analysis, by Operator, 2020, 2025, and 2031
- Figure 4 : Global FPSO Market Attractiveness, by Operator
- Figure 5 : Global FPSO Market Volume Share Analysis, by Application, 2020, 2025, and 2031
- Figure 6 : Global FPSO Market Attractiveness, by Application
- Figure 7 : Global FPSO Market Volume Share Analysis, by Propulsion, 2020, 2025, and 2031
- Figure 8 : Global FPSO Market Attractiveness, by Propulsion
- Figure 9 : Global FPSO Market Volume Share Analysis, by Hull, 2020, 2025, and 2031
- Figure 10 : Global FPSO Market Attractiveness, by Hull
- Figure 11 : Global FPSO Market Volume Share Analysis, by Region, 2020, 2025, and 2031
- Figure 12 : Global FPSO Market Attractiveness, by Region
- Figure 13 : North America FPSO Market Volume Share Analysis, by Type, 2020, 2025, and 2031
- Figure 14 : North America FPSO Market Attractiveness, by Type
- Figure 15 : North America FPSO Market Volume Share Analysis, by Operator, 2020, 2025, and 2031
- Figure 16 : North America FPSO Market Attractiveness, by Operator
- Figure 17 : North America FPSO Market Volume Share Analysis, by Application, 2020, 2025, and 2031
- Figure 18 : North America FPSO Market Attractiveness, by Application
- Figure 19 : North America FPSO Market Volume Share Analysis, by Propulsion, 2020, 2025, and 2031
- Figure 20 : North America FPSO Market Attractiveness, by Propulsion
- Figure 21 : North America FPSO Market Volume Share Analysis, by Hull, 2020, 2025, and 2031
- Figure 22 : North America FPSO Market Attractiveness, by Hull
- Figure 23 : North America FPSO Market Attractiveness, by Country
- Figure 24 : Europe FPSO Market Volume Share Analysis, by Type, 2020, 2025, and 2031
- Figure 25 : Europe FPSO Market Attractiveness, by Type
- Figure 26 : Europe FPSO Market Volume Share Analysis, by Operator, 2020, 2025, and 2031
- Figure 27 : Europe FPSO Market Attractiveness, by Operator
- Figure 28 : Europe FPSO Market Volume Share Analysis, by Application, 2020, 2025, and 2031
- Figure 29 : Europe FPSO Market Attractiveness, by Application
- Figure 30 : Europe FPSO Market Volume Share Analysis, by Propulsion, 2020, 2025, and 2031
- Figure 31 : Europe FPSO Market Attractiveness, by Propulsion
- Figure 32 : Europe FPSO Market Volume Share Analysis, by Hull, 2020, 2025, and 2031
- Figure 33 : Europe FPSO Market Attractiveness, by Hull
- Figure 34 : Europe FPSO Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
- Figure 35 : Europe FPSO Market Attractiveness, by Country and Sub-region
- Figure 36 : Asia Pacific FPSO Market Volume Share Analysis, by Type, 2020, 2025, and 2031
- Figure 37 : Asia Pacific FPSO Market Attractiveness, by Type
- Figure 38 : Asia Pacific FPSO Market Volume Share Analysis, by Operator, 2020, 2025, and 2031
- Figure 39 : Asia Pacific FPSO Market Attractiveness, by Operator
- Figure 40 : Asia Pacific FPSO Market Volume Share Analysis, by Application, 2020, 2025, and 2031
- Figure 41 : Asia Pacific FPSO Market Attractiveness, by Application
- Figure 42 : Asia Pacific FPSO Market Volume Share Analysis, by Propulsion, 2020, 2025, and 2031
- Figure 43 : Asia Pacific FPSO Market Attractiveness, by Propulsion
- Figure 44 : Asia Pacific FPSO Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
- Figure 45 : Asia Pacific FPSO Market Attractiveness, by Country and Sub-region
- Figure 46 : Latin America FPSO Market Volume Share Analysis, by Type, 2020, 2025, and 2031
- Figure 47 : Latin America FPSO Market Attractiveness, by Type
- Figure 48 : Latin America FPSO Market Volume Share Analysis, by Operator, 2020, 2025, and 2031
- Figure 49 : Latin America FPSO Market Attractiveness, by Operator
- Figure 50 : Latin America FPSO Market Volume Share Analysis, by Application, 2020, 2025, and 2031
- Figure 51 : Latin America FPSO Market Attractiveness, by Application
- Figure 52 : Latin America FPSO Market Volume Share Analysis, by Propulsion, 2020, 2025, and 2031
- Figure 53 : Latin America FPSO Market Attractiveness, by Propulsion
- Figure 54 : Latin America FPSO Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
- Figure 55 : Latin America FPSO Market Attractiveness, by Country and Sub-region
- Figure 56 : Middle East & Africa FPSO Market Volume Share Analysis, by Type, 2020, 2025, and 2031
- Figure 57 : Middle East & Africa FPSO Market Attractiveness, by Type
- Figure 58 : Middle East & Africa FPSO Market Volume Share Analysis, by Operator, 2020, 2025, and 2031
- Figure 59 : Middle East & Africa FPSO Market Attractiveness, by Operator
- Figure 60 : Middle East & Africa FPSO Market Volume Share Analysis, by Application, 2020, 2025, and 2031
- Figure 61 : Middle East & Africa FPSO Market Attractiveness, by Application
- Figure 62 : Middle East & Africa FPSO Market Volume Share Analysis, by Propulsion, 2020, 2025, and 2031
- Figure 63 : Middle East & Africa FPSO Market Attractiveness, by Propulsion
- Figure 64 : Middle East & Africa FPSO Market Volume Share Analysis, by Country and Sub-region, 2020, 2025, and 2031
- Figure 65 : Middle East & Africa FPSO Market Attractiveness, by Country and Sub-region
Leaders in analytics, research and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a prominent provider of a cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who had a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.
Similar Reports from Transparency
FPSO Market Global Industry Analysis, Share, Growth, Trends, and Forecast, 2019 – 2027
FPSO Market - Overview
A floating production storage and offloading (FPSO) unit is a floating facility based on an oil tanker hull. It is equipped with a hydrocarbon processing unit for the treatment and separation of water, gases, and crude oil, arriving on board from sub-sea oil wells via flexible pipelines. Processed oil is then transferred to cargo tanks in ...