Ship&Offshore | Issue 03/2012
Floating production to see USD 68 billion in investments
FORECAST The new edition of “The World Floating Production Market Report” from energy business analysts Douglas-Westwood (DW) forecasts a strong increase in expenditures over the next few years, driven by a surge in installations. The report predicts that more than 130 floating production systems will be installed worldwide over the period 2012-2016, at a total value of approximately USD 68 billion, writes Lucy Miller, analyst at DW.