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.
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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, (%)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, (%)
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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, (%)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
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Frequently asked questions
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What will be the total count of planned and announced FPSOs during 2023-2028?
The total count of planned and announced FPSOs during 2023-2038 will be 73.
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Which is the leading region in the FPSOs market?
South America remains the dominant region with a total of 35 planned and announced FPSO additions during the outlook period 2023–2028.
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Which country is leading in the FSPOs market?
Brazil leads globally in planned and announced FPSO additions with 29 FPSOs during the outlook period 2023–2028.
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Who is the leading operator in the FSPOs market?
Petroleo Brasileiro SA (Petrobras) leads globally with 13 planned and announced FPSOs, followed by SBM Offshore NV and Yinson Holdings Bhd with five FPSOs each.
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