Digest

摘要

Douglas-Westwood's new World Floating Production Market Forecast 2015-2019 forecasts that, despite the current low oil price environment, between 2015 and 2019, US$81 billion will be spent on floating production units - an increase of 73 per cent compared to 2010-2014. The value of annual installations is projected to grow from nearly US$12 billion in 2015 to US$21 billion in 2017 before declining to US$17 billion in 2019. Projects already ordered will account for much of this spend. Report author Balwinder Rangi said, "Despite capex growth, the outlook this year for orders is poor. The low oil price is expected to impact the market, leading to a number of delayed project sanctions. This can be seen in the declining number of orders for 2015 and subsequent installation decline in 2018. Projects already under construction are unlikely to be affected.