APO RESEARCH · REPORT
Floating Production Storage and Offloading (FPSO)
Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with processing facilities, allowing it to handle the oil or gas it receives from nearby platforms or templates. Processed oil or gas is stored in the FPSO until a sufficient amount has been collected to fill a tanker. At which point, the unit offloads the stored material using a loading hose into a tanker going ashore.
Product & engineering
Understand the product.
Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with processing facilities, allowing it to handle the oil or gas it receives from nearby platforms or templates. Processed oil or gas is stored in the FPSO until a sufficient amount has been collected to fill a tanker. At which point, the unit offloads the stored material using a loading hose into a tanker going ashore.
FPSO vessels are popular as they can be easily moved and installed to nearby platforms and also allow for easy transportation of oil to tankers or pipelines. Once an existing field has been depleted FPSO can then be moved to other locations. This makes them suitable for smaller fields which can be depleted quickly and avoids the need for installing permanent expensive pipelines.
The vessels often take the form of traditional tankers. In addition to dedicated vessels that are designed for FPSO, oil and gas tankers can be converted to an FPSO vessel which also makes them an economical and flexible option
Selected research
Market Structure
Global Floating Production Storage and Offloading (FPSO) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Floating Production, Storage, and Offloading (FPSO) is a floating tank system used by the oil and gas industry particularly in offshore operations. Floating production vessels are built with processing facilities, allowing it to handle the oil or gas it receives from nearby platforms or templates. Processed oil or gas is stored in the FPSO until a sufficient amount has been collected to fill a tanker. At which point, the unit offloads the stored material using a loading hose into a tanker going ashore.
FPSO vessels are popular as they can be easily moved and installed to nearby platforms and also allow for easy transportation of oil to tankers or pipelines. Once an existing field has been depleted FPSO can then be moved to other locations. This makes them suitable for smaller fields which can be depleted quickly and avoids the need for installing permanent expensive pipelines.
The vessels often take the form of traditional tankers. In addition to dedicated vessels that are designed for FPSO, oil and gas tankers can be converted to an FPSO vessel which also makes them an economical and flexible option
Read the full market overview
Latin America is the largest Floating Production Storage and Offloading (FPSO) market with about 50% market share.
The key players are Dalian Shipbuilding Industry Co., Ltd, China Ocean Shipping (Group) Company, CIMC Raffles, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering Co., Ltd., Keppel Corporation Limited, Hyundai Heavy Industries, Sembcorp Marine, China State Shipbuilding Corporation, China Merchants Industry Holdings etc. Top 3 companies occupied about 50% market share.
The report provides an overview of the global Floating Production Storage and Offloading (FPSO) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Floating Production Storage and Offloading (FPSO) and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Floating Production Storage and Offloading (FPSO) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Floating Production Storage and Offloading (FPSO) market size, projected growth trends, production technologies, key applications, and end-use industries.
Floating Production Storage and Offloading (FPSO) Segment by Company
Dalian Shipbuilding Industry Co., Ltd
China Ocean Shipping (Group) Company
CIMC Raffles
Samsung Heavy Industries
Daewoo Shipbuilding & Marine Engineering Co., Ltd.
Keppel Corporation Limited
Hyundai Heavy Industries
Sembcorp Marine
China State Shipbuilding Corporation
China Merchants Industry Holdings
Floating Production Storage and Offloading (FPSO) Segment by Type
Spread Mooring
Single Point Mooring (SPM)
Dynamic Positioning (DP)
Floating Production Storage and Offloading (FPSO) Segment by Application
Shallow Water
Deep Water
Ultra-deep Water
Floating Production Storage and Offloading (FPSO) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Floating Production Storage and Offloading (FPSO) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Floating Production Storage and Offloading (FPSO) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Floating Production Storage and Offloading (FPSO).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Floating Production Storage and Offloading (FPSO) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Floating Production Storage and Offloading (FPSO) industry.
Chapter 3: Detailed analysis of Floating Production Storage and Offloading (FPSO) market competition landscape. Including Floating Production Storage and Offloading (FPSO) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Floating Production Storage and Offloading (FPSO) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Floating Production Storage and Offloading (FPSO) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Spread Mooring
- Single Point Mooring (SPM)
- Dynamic Positioning (DP)
Applications
- Shallow Water
- Deep Water
- Ultra-deep Water
Companies covered
- Dalian Shipbuilding Industry Co., Ltd
- China Ocean Shipping (Group) Company
- CIMC Raffles
- Samsung Heavy Industries
- Daewoo Shipbuilding & Marine Engineering Co., Ltd.
- Keppel Corporation Limited
- Hyundai Heavy Industries
- Sembcorp Marine
- China State Shipbuilding Corporation
- China Merchants Industry Holdings
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Floating Production Storage and Offloading (FPSO) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Floating Production Storage and Offloading (FPSO) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Floating Production Storage and Offloading (FPSO) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Floating Production Storage and Offloading (FPSO) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Floating Production Storage and Offloading (FPSO) Market Dynamics
- 2.1 Floating Production Storage and Offloading (FPSO) Industry Trends
- 2.2 Floating Production Storage and Offloading (FPSO) Industry Drivers
- 2.3 Floating Production Storage and Offloading (FPSO) Industry Opportunities and Challenges
- 2.4 Floating Production Storage and Offloading (FPSO) Industry Restraints
3 Floating Production Storage and Offloading (FPSO) Market by Manufacturers
- 3.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Manufacturers (2021-2026)
- 3.2 Global Floating Production Storage and Offloading (FPSO) Production by Manufacturers (2021-2026)
- 3.3 Global Floating Production Storage and Offloading (FPSO) Average Price by Manufacturers (2021-2026)
- 3.4 Global Floating Production Storage and Offloading (FPSO) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Floating Production Storage and Offloading (FPSO) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Floating Production Storage and Offloading (FPSO) Manufacturers, Product Type & Application
- 3.7 Global Floating Production Storage and Offloading (FPSO) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Floating Production Storage and Offloading (FPSO) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Floating Production Storage and Offloading (FPSO) Players Market Share by Production Value in 2025
- 3.8.3 2025 Floating Production Storage and Offloading (FPSO) Tier 1, Tier 2, and Tier 3
4 Floating Production Storage and Offloading (FPSO) Market by Type
- 4.1 Floating Production Storage and Offloading (FPSO) Type Introduction
- 4.1.1 Spread Mooring
- 4.1.2 Single Point Mooring (SPM)
- 4.1.3 Dynamic Positioning (DP)
- 4.2 Global Floating Production Storage and Offloading (FPSO) Production by Type
- 4.2.1 Global Floating Production Storage and Offloading (FPSO) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Floating Production Storage and Offloading (FPSO) Production by Type (2021-2032)
- 4.2.3 Global Floating Production Storage and Offloading (FPSO) Production Market Share by Type (2021-2032)
- 4.3 Global Floating Production Storage and Offloading (FPSO) Production Value by Type
- 4.3.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Type (2021-2032)
- 4.3.3 Global Floating Production Storage and Offloading (FPSO) Production Value Market Share by Type (2021-2032)
5 Floating Production Storage and Offloading (FPSO) Market by Application
- 5.1 Floating Production Storage and Offloading (FPSO) Application Introduction
- 5.1.1 Shallow Water
- 5.1.2 Deep Water
- 5.1.3 Ultra-deep Water
- 5.2 Global Floating Production Storage and Offloading (FPSO) Production by Application
- 5.2.1 Global Floating Production Storage and Offloading (FPSO) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Floating Production Storage and Offloading (FPSO) Production by Application (2021-2032)
- 5.2.3 Global Floating Production Storage and Offloading (FPSO) Production Market Share by Application (2021-2032)
- 5.3 Global Floating Production Storage and Offloading (FPSO) Production Value by Application
- 5.3.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Application (2021-2032)
- 5.3.3 Global Floating Production Storage and Offloading (FPSO) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Dalian Shipbuilding Industry Co., Ltd
- 6.1.1 Dalian Shipbuilding Industry Co., Ltd Company Information
- 6.1.2 Dalian Shipbuilding Industry Co., Ltd Business Overview
- 6.1.3 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.1.4 Dalian Shipbuilding Industry Co., Ltd Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.1.5 Dalian Shipbuilding Industry Co., Ltd Recent Developments
- 6.2 China Ocean Shipping (Group) Company
- 6.2.1 China Ocean Shipping (Group) Company Company Information
- 6.2.2 China Ocean Shipping (Group) Company Business Overview
- 6.2.3 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.2.4 China Ocean Shipping (Group) Company Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.2.5 China Ocean Shipping (Group) Company Recent Developments
- 6.3 CIMC Raffles
- 6.3.1 CIMC Raffles Company Information
- 6.3.2 CIMC Raffles Business Overview
- 6.3.3 CIMC Raffles Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.3.4 CIMC Raffles Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.3.5 CIMC Raffles Recent Developments
- 6.4 Samsung Heavy Industries
- 6.4.1 Samsung Heavy Industries Company Information
- 6.4.2 Samsung Heavy Industries Business Overview
- 6.4.3 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.4.4 Samsung Heavy Industries Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.4.5 Samsung Heavy Industries Recent Developments
- 6.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd.
- 6.5.1 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Company Information
- 6.5.2 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Business Overview
- 6.5.3 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.5.4 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.5.5 Daewoo Shipbuilding & Marine Engineering Co., Ltd. Recent Developments
- 6.6 Keppel Corporation Limited
- 6.6.1 Keppel Corporation Limited Company Information
- 6.6.2 Keppel Corporation Limited Business Overview
- 6.6.3 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.6.4 Keppel Corporation Limited Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.6.5 Keppel Corporation Limited Recent Developments
- 6.7 Hyundai Heavy Industries
- 6.7.1 Hyundai Heavy Industries Company Information
- 6.7.2 Hyundai Heavy Industries Business Overview
- 6.7.3 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.7.4 Hyundai Heavy Industries Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.7.5 Hyundai Heavy Industries Recent Developments
- 6.8 Sembcorp Marine
- 6.8.1 Sembcorp Marine Company Information
- 6.8.2 Sembcorp Marine Business Overview
- 6.8.3 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.8.4 Sembcorp Marine Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.8.5 Sembcorp Marine Recent Developments
- 6.9 China State Shipbuilding Corporation
- 6.9.1 China State Shipbuilding Corporation Company Information
- 6.9.2 China State Shipbuilding Corporation Business Overview
- 6.9.3 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.9.4 China State Shipbuilding Corporation Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.9.5 China State Shipbuilding Corporation Recent Developments
- 6.10 China Merchants Industry Holdings
- 6.10.1 China Merchants Industry Holdings Company Information
- 6.10.2 China Merchants Industry Holdings Business Overview
- 6.10.3 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Production, Value and Gross Margin (2021-2026)
- 6.10.4 China Merchants Industry Holdings Floating Production Storage and Offloading (FPSO) Product Portfolio
- 6.10.5 China Merchants Industry Holdings Recent Developments
7 Global Floating Production Storage and Offloading (FPSO) Production by Region
- 7.1 Global Floating Production Storage and Offloading (FPSO) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Floating Production Storage and Offloading (FPSO) Production by Region (2021-2032)
- 7.2.1 Global Floating Production Storage and Offloading (FPSO) Production by Region (2021-2026)
- 7.2.2 Global Floating Production Storage and Offloading (FPSO) Production Forecast by Region (2027-2032)
- 7.3 Global Floating Production Storage and Offloading (FPSO) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Floating Production Storage and Offloading (FPSO) Production Value by Region (2021-2032)
- 7.4.1 Global Floating Production Storage and Offloading (FPSO) Production Value by Region (2021-2026)
- 7.4.2 Global Floating Production Storage and Offloading (FPSO) Production Value by Region (2027-2032)
- 7.5 Global Floating Production Storage and Offloading (FPSO) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Floating Production Storage and Offloading (FPSO) Production Value (2021-2032)
- 7.6.2 Europe Floating Production Storage and Offloading (FPSO) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Floating Production Storage and Offloading (FPSO) Production Value (2021-2032)
- 7.6.4 South America Floating Production Storage and Offloading (FPSO) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Floating Production Storage and Offloading (FPSO) Production Value (2021-2032)
8 Global Floating Production Storage and Offloading (FPSO) Consumption by Region
- 8.1 Global Floating Production Storage and Offloading (FPSO) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Floating Production Storage and Offloading (FPSO) Consumption by Region (2021-2032)
- 8.2.1 Global Floating Production Storage and Offloading (FPSO) Consumption by Region (2021-2026)
- 8.2.2 Global Floating Production Storage and Offloading (FPSO) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Floating Production Storage and Offloading (FPSO) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Floating Production Storage and Offloading (FPSO) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Floating Production Storage and Offloading (FPSO) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Floating Production Storage and Offloading (FPSO) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Floating Production Storage and Offloading (FPSO) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Floating Production Storage and Offloading (FPSO) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Floating Production Storage and Offloading (FPSO) Value Chain Analysis
- 9.1.1 Floating Production Storage and Offloading (FPSO) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Floating Production Storage and Offloading (FPSO) Production Mode & Process
- 9.2 Floating Production Storage and Offloading (FPSO) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Floating Production Storage and Offloading (FPSO) Distributors
- 9.2.3 Floating Production Storage and Offloading (FPSO) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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