OIL GAS DRILLING TECHNOLOGY UPDATES: World FLNG Market Report 2011-2017

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The World FLNG Market Report 2011-2017

Publication Announcement

Global Capex on FLNG Facilities by Type 2006-2017

A major new report

In recent years the floating liquefied natural gas (FLNG) business has rapidly grown and is now at the forefront of offshore industry focus. The third edition of this major report, by energy analysts Douglas-Westwood, brings together in one document a clear review of the current and future prospects, technology concepts and markets forecasts for expenditure in the FLNG sector. The report addresses both the floating regasification and the floating liquefaction vessel markets and quantifies the size of the opportunity in volume and value. The business is poised for substantial growth, particularly within the liquefaction sector, and is forecast to be worth $7.4 billion by 2017.

The IEA forecasts annual growth in natural gas supply will average 1.7% from 2009 to 2030. By 2030, natural gas will account for 23% of total worldwide primary energy supply. The difficulties in progressing onshore projects in LNG has driven the adoption of FLNG which now offers an increasingly important method of bringing gas from stranded reserves to the market.

The report is unique in providing a complete overview of both floating liquefaction and regasification concepts.

In common with other reports in Douglas-Westwood's acclaimed series, The World FLNG Market Report will be useful for executive readers. The report does not assume a detailed technical knowledge of the subject.

Technology review

The report examines FLNG technical components discussing topsides, hulls, mooring and offloading systems.

Market prospects

The report identifies by region and thoroughly discusses on a country by country basis the current and future prospects for floating LNG liquefaction and regasification terminals to 2017.

The market model is built on a project by project review of development prospects, with the timing of expenditure phased to reflect likely project structure. This model has been developed in consultation with industry experts and sense-checked to account for external factors such as supply chain constraints. The World FLNG Market Report presents a seven-year market forecast for activity in the sector over 2011-2017.

It includes a series of charts and tables showing the market expenditures in US dollar values over the period, segmented by component, facility type, region and service. Segmentation of spend includes values split by technology licensing, front end engineering and design, project management and detailed design engineering, construction engineering (field engineering), construction and installation (hook-up and commissioning).

Contents

Summary and Conclusions - an executive overview, highlighting worldwide FLNG developments, and historic and forecast activity by volume and value.
Why Floating LNG? - the macroeconomic drivers and trends for the FLNG industry including stranded gas reserves, the effect of unconventional gas production in the USA, security and environmental issues and complimentary technology.
Topsides - an explanation of all the major LNG liquefaction and regasification technologies and their suitability for FLNG.
Hulls - overview of hull designs, containment systems and shipyard capabilities.
Mooring and Transfer Systems - description of the available and emerging technologies regarding the mooring and offloading of FLNG vessels. Includes spread and turret mooring, side-by-side and tandem offloading.
Companies - overviews of the major players in the industry – including design concepts and company information.
Global Overview of FLNG Activity - identification and description of all the prospective developments over the 2011-2017 period, presented on a country by country basis for each of the following regions; Africa, Asia, Australasia, Eastern Europe and FSU, Latin America, Middle East, North America and Western Europe.
Case Studies - a more in-depth look at a chosen selection of project developments, both liquefaction and regasification.
The FLNG Market - capital expenditure and import/liquefaction capacity in the FLNG market over the period to 2017, presented by facility type, region, component and service.

Report available as PDF or hardcopy format, click here for further information.

Douglas-Westwood provides advisory services to our worldwide clients as part of their strategic planning process. We develop and test advanced competitive strategies for new products, new business streams, mergers and acquisitions through market insights, modelling and simulation. Our research-based approach has been used by clients considering the future direction of their business from a number of perspectives - financial, customer value enhancement or internal operations.

Established in 1990, Douglas-Westwood is an independent employee-owned company and the leading provider of business research & analysis, strategy and commercial due diligence on the global energy services sectors. We have offices in Canterbury (England) Aberdeen (Scotland) and New York (USA) and to date have completed more than 600 projects for clients in 70 countries.
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