Global and Chinese Marine (Offshore) Engineering Industry Report

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Dec 09, 2013, 05:54 ET

DUBLIN, Dec. 9, 2013 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/kqmbph/global_and) has announced the addition of the "Global and Chinese Marine (Offshore) Engineering Industry Report" report to their offering.

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The shipbuilding industry has been sluggish since H2 2011. In contrast, the offshore engineering industry is in a much better condition. In H1 2012, the fulfilled orders of global offshore engineering market totaled USD30.8 billion, equivalent to 52% of the total order value in 2011 and far surpassing the deal of USD23 billion in 2010, though being lower than the deal of USD36.9 billion in H1 2011.

As of the end of July 2012, there had been 74 backlogs for production facilities in the world, basically flat with the same period of 2011. The backlogs include 49 FPSOs, 6 Semis, 3 TLPs, 4 Spars, 3 FLNGs and 9 FSRUs, 40 of which would employ special-purpose hulls and 34 of which would be converted from oil tankers, with the number of converted oil tankers climbing.

Of all 74 backlogs, 42 of them are owned by oilfield operators and 32 of them are controlled by contracting parties. Brazil still serves as the biggest customer and contributes 28 orders. From January-September 30, 2012, the new orders for FPSOs amounted to 14, covering 7 converted ones, 5 newly-built ones, and 2 redeployed ones.

It is estimated that there will be 20-22 new orders for FPSOs in 2012, but the market seems less boomy than expected.

With respect to the drilling rig market, Jack-up enjoys the lion's share. By September 30, 2012, there had been 72 backlogs worldwide. Singaporean Keppel had 40 backlogs, and Sembcorp held 23 backlogs. Between 2000 and September 30, 2012, there had been a total of new orders for 103 drillships.

In January-September 30 of 2012, there were 11 drillship orders, 7 of which were secured by Samsung Heavy Industries, 2 by Hyundai Heavy Industries, 1 by DSME, and 1 by Sembcorp. The semi-submersible oil rig shows significant sign of recovery. During the same period, a total of 9 semi-submersible rigs were delivered, equivalent to the total delivered volume throughout 2011.

Key Topics Covered:

1 Overview of Marine (Offshore) Engineering
1.1 Drilling Rig
1.2 Production Facilities
1.3 Offshore Support Vessel
1.4 Deepwater Oil Exploitation
1.5 Investment in Global Offshore Oil & Gas Industry

2 Offshore Support Vessel Industry
2.1 Overview of Offshore Support Vessel
2.2 History and Outlook of Offshore Support Vessel Market
2.3 Status Quo of Offshore Support Vessel Market
2.4 Offshore Wind Power Installation Vessel

3 Floating Production Unit (FPU)
3.1 Overview of FPSO
3.2 FPSO Operation
3.3 Global FPU Industrial Investment by Region
3.3 Global FPU Industrial Scale by Region
3.4 LNG-FPSO
3.5 FPU Contractors
3.6 FPSO Projects in 2008-Nov. 2011 (Including Operator, Storage Capacity, Hull Fabricator and Topsides Fabricator)

4 Drilling Rig
4.1 Rig Market
4.2 Rig Utilization by Region
4.3 Rig Utilization by Type
4.4 Rig Operators
4.5 Analysis of Rig Operators
4.6 Jack-up Rig Industry
4.7 Jack-up Rig Projects in 2000-2014
4.8 Semi-Submersible Rig Industry
4.9 Global Semi-Submersible Rig Projects in 2000-2015
4.10 Drillship Industry
4.11 Global Drillship Projects in 1971-2018