FPSO (Floating Production Storage and Offloading) Market Analysis by Region, Countries, Key Operators, Projects and Forecast to 2028

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Floating Production Storage and Offloading (FPSO) Market Report Overview

A total of 73 planned and announced floating production, storage, and offloading units (FPSOs) are expected to start operations across the globe during the outlook period 2023–2028. The FPSOs market research report offers an in-depth understanding pertaining to the count of FPSOs that were brought online from 2023 to 2028 by key regions globally. It also offers outlook of FPSOs that would be brought online by 2028 by key countries and operators in a region. The report also covers the details of major planned and announced FPSOs globally up to 2028 and recent developments and contracts of FPSOs by key regions, wherever available.

Market Size (2023-2028) 73
Key Regions Africa, Asia, Europe, North America, Oceania, and South America
Key Countries Brazil, the UK, Angola, Australia, Guyana, Nigeria, China, India, Indonesia, and Norway
Key Operators Petroleo Brasileiro SA, SBM Offshore NV, Yinson Holdings Bhd, Equinor Brasil Energia Ltda, Modec Inc, Equinor Energy AS, Woodside Browse Pty Ltd, Shell Brasil Petroleo Ltda, Navitas Petroleum Ltd, and Peak Petroleum Industries Nigeria Ltd

Some of the major FPSOs that have been announced since 2022 are Whiptail, Albacora, Agogo, and Pampo-Enchova. However, projects such as Hammerhead, Zabazaba, Limbayong, and Barossa have been stalled, and some FSPOs including Sepia 2, Atapu 2, Bay du Nord, and Buzios VI have been postponed.

For more insights on the FSPOs market forecast, download a free sample report

FPSOs Market Segmentation by Region

The key regions in the FPSOs market are Africa, Asia, Europe, North America, Oceania, and South America. South America remains the dominant region with a total of 35 planned and announced FPSO additions during the outlook period 2023–2028, followed by Africa and Europe with 14 and 10 FPSOs respectively.

FPSOs Market Analysis by Region, 2023-2028, (%)FPSOs Market Analysis by Region, 2023-2028, (%)For more regional insights on the FPSOs market, download a free sample report

FSPOs Market Segmentation by Country

The key countries in the FSPOs market are Brazil, the UK, Angola, Australia, Guyana, Nigeria, China, India, Indonesia, and Norway among others. These six countries together account for over 71% of global planned and announced FPSO additions during the outlook period. Brazil leads globally in planned and announced FPSO additions with 29 FPSOs during the outlook period 2023–2028, followed by the UK with 7 FPSO.

FPSOs Market Analysis by Country, 2023-2028, (%)

FPSOs Market Analysis by Country, 2023-2028, (%)For more country-level insights on the FPSOs market, download a free sample report

FSPOs Market – Competitive Landscape

The key operators in the FSPOs market are Petroleo Brasileiro SA (Petrobras), SBM Offshore NV, Yinson Holdings Bhd, Equinor Brasil Energia Ltda, Modec Inc, Equinor Energy AS, Woodside Browse Pty Ltd, Shell Brasil Petroleo Ltda, Navitas Petroleum Ltd, and Peak Petroleum Industries Nigeria Ltd among others. Petrobras leads globally with 13 planned and announced FPSOs, followed by SBM Offshore NV and Yinson Holdings Bhd with five FPSOs each.

FPSOs Market Analysis by Operators, 2023-2028, (%)FPSOs Market Analysis by Operators, 2023-2028, (%)For more insights on the FSPOs market operators, download a free sample report

Key Segments Covered in this Report

FSPOs Regional Outlook (Number of FSPOs, 2023-2028)

  • Africa
  • Asia
  • Europe
  • North America
  • Oceania
  • South America

FSPOs Country-level Outlook (Number of FSPOs, 2023-2028)

  • Brazil
  • The UK
  • Angola
  • Australia
  • Guyana
  • Nigeria
  • China
  • India
  • Indonesia
  • Norway

Scope

  • Count of FPSOs that were brought online from 2023 to 2028 by key regions globally
  • Outlook of FPSOs that would be brought online by 2028 by key countries and operators in a region
  • Details of major planned and announced FPSOs globally up to 2028
  • Recent developments and contracts of FPSOs by key regions, wherever available

Reasons to Buy

  • Obtain the most up-to-date information available on the planned and announced FPSO projects globally
  • Facilitate decision-making on the basis of strong FPSO data
  • Develop business strategies with the help of specific insights about planned and announced FPSOs globally
  • Assess your competitor’s planned and announced FPSOs and crude and natural gas production capacities
  • Be informed about recent developments and contracts in the global FPSO industry

Table of Contents

List of Contents

About GlobalData 2

Global FPSO Outlook to 2028 6

Key Highlights 6

Key Projects Announcements and Cancellations 7

Key Project Announcements 7

Stalled Projects 7

Postponed Projects 8

Global Planned and Announced FPSOs Outlook 9

Global Count of FPSOs Brought Online by Region 10

Global Planned and Announced FPSO Additions by Key Countries 11

Global Planned and Announced FPSO Additions by Key Operators 12

Regional FPSO Outlook by Country and Operator 13

Africa FPSO Industry Outlook 13

Asia FPSO Industry Outlook 22

Europe FPSO Industry Outlook 27

North America FPSO Industry Outlook 35

Oceania FPSO Industry Outlook 40

South America FPSO Industry Outlook 45

Global Planned and Announced FPSOs 58

Appendix 68

Abbreviations 68

Status Definitions 68

Methodology 68

Contact Us 69

Table

Table 1: Count of planned and announced FPSOs and their operators by region, 2023–2028 9

Table 2: Global count of FPSOs brought online by region, 2018–2028 10

Table 3: Global planned and announced FPSO additions by key countries, 2023–2028 11

Table 4: Global planned and announced FPSO additions by key operators, 2023–2028 12

Table 5: Planned and announced FPSO additions in Africa by country, 2023–2028* 13

Table 6: Planned and announced FPSO additions in Africa key operators, 2023–2028* 14

Table 7: Planned and announced FPSO additions in Asia by country, 2023–2028* 22

Table 8: Planned and announced FPSO additions in Asia key operators, 2023–2028* 23

Table 9: Planned and announced FPSO additions in Europe by country, 2023–2028* 27

Table 10: Planned and announced FPSO additions in Europe key operators, 2023–2028* 28

Table 11: Planned and announced FPSO additions in North America by country, 2023–2028* 35

Table 12: Planned and announced FPSO additions in North America key operators, 2023–2028* 36

Table 13: Planned and announced FPSO additions in Oceania by country, 2023–2028* 40

Table 14: Planned and announced FPSO additions in Oceania key operators, 2023–2028* 41

Table 15: Planned and announced FPSO additions in South America by country, 2023–2028* 45

Table 16: Planned and announced FPSO additions in South America key operators, 2023–2028* 46

Table 17: Global planned and announced FPSOs, 2023–2028 58

Figures

Figure 1: Global map of planned and announced FPSOs by field deployment, 2023–2028 9

Figure 2: Global count of FPSOs brought online by region, 2018–2028 10

Figure 3: Global planned and announced FPSO additions by key countries, 2023–2028 11

Figure 4: Global planned and announced FPSO additions by key operators, 2023–2028 12

Figure 5: Planned and announced FPSO additions in Africa by country, 2023–2028* 13

Figure 6: Planned and announced FPSO additions in Africa by key operators, 2023–2028* 14

Figure 7: Planned and announced FPSO additions in Asia by country, 2023–2028* 22

Figure 8: Planned and announced FPSO additions in Asia by key operators, 2023–2028* 23

Figure 9: Planned and announced FPSO additions in Europe by country, 2023–2028* 27

Figure 10: Planned and announced FPSO additions in Europe by key operators, 2023–2028* 28

Figure 11: Planned and announced FPSO additions in North America by country, 2023–2028* 35

Figure 12: Planned and announced FPSO additions in North America by key operators, 2023–2028* 36

Figure 13: Planned and announced FPSO additions in Oceania by country, 2023–2028* 40

Figure 14: Planned and announced FPSO additions in Oceania by key operators, 2023–2028* 41

Figure 15: Planned and announced FPSO additions in South America by country, 2023–2028* 45

Figure 16: Planned and announced FPSO additions in South America by key operators, 2023–2028* 46

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