Floating Production System Market - Top Companies and Manufacturers

Companies Dominating the Floating Production System Market

Mitsubishi Heavy Industries Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Nippon Yusen Kabushiki Kaisha (NYK Line)
Shell International B.V.
TechnipFMC PLC
Hyundai Heavy Industries Co. Ltd
Keppel Offshore & Marine Ltd
Samsung Heavy Industries Co. Ltd
Bumi Armada Group
Daewoo Shipbuilding & Marine Engineering Co. Ltd.
Teekay Tankers Ltd.
Reliance Naval and Engineering Limited

Browse Key Market Insights with Data Illustration:

Floating Production System (FPS) Market Size & Share, Forecast Report 2036

In the News

Mitsubishi Heavy Industries Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) entered into a joint venture with SBM Offshore N.V. for the charter, operation, and maintenance of a Floating, Production, Storage, and Offloading (FPSO *1) system for Petrobras.
Shell International B.V.’s Appomattox floating production system (FPS) in the deep-water Gulf of Mexico achieved its first production using TechnipFMC’s full-field subsea solution.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of floating production system is evaluated at USD 11.2 Billion.

Floating Production System Market size was valued at USD 9.9 Billion in 2023 and is expected to reach USD 29.4 Billion by the end of 2036, registering around 9.7% CAGR during the forecast period i.e., between 2024-2036. The increasing demand for crude oil and natural gas along with the growing oil and gas industry and rising offshore exploration activity are the major factors driving the growth of the market.

The Latin America region is predicted to be the biggest with a share of about 30% by 2036, impelled by the increasing investments in offshore projects in the region.

Mitsubishi Heavy Industries Ltd., Nippon Yusen Kabushiki Kaisha (NYK Line), Shell International B.V., TechnipFMC PLC, Hyundai Heavy Industries Co. Ltd, Keppel Offshore & Marine Ltd, Samsung Heavy Industries Co. Ltd, Bumi Armada Group, Daewoo Shipbuilding & Marine Engineering Co. Ltd., Teekay Tankers Ltd., Reliance Naval and Engineering Limited

Floating Production System Market - Top Companies and Manufacturers

Companies Dominating the Floating Production System Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the floating production system market?

What are the factors driving the floating production system landscape?

Which region held the largest floating production system industry share?

Who are the key players in the floating production system sector?