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    World Floating Production Report 2003-2007 published

    Publications // May 23, 2003
    Douglas-Westwood Limited and Infield Systems have released the new third edition of their acclaimed World Floating Production Report, covering the period 2003-2007.

    According to their report, there are currently 165 prospective installations identified by the Infield database for this five-year period. These prospects include FPSOs, production semi-submersibles, TLPs and spars, along with production barges and FSOs.

    The indications are that the floating production sector is primed for strong growth - the number of prospects on screen for 2003-2007 is almost double the number of installations recorded in the 1998-2002 period (96 units).

    The Report gives a comprehensive account of the main types of floating production system, and evaluates historic and future installations on a global and regional basis.

    Market analysis based on a project-by-project appraisal of historic and prospective installations over the 1998-2007 period is given, with forecasts of numbers of FPS installations and their associated Capex, broken out by vessel type, region and year ofinstallation.

    Factors such as vessel supply (conversion, upgrade or newbuild), water depth and order year are also encompassed in a specially developed modeling process.

    For further information see www.dw-1.com.

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