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— Devices that helps the anchorage of the floating vessels or ships and platforms across all kind of water depths is known as offshore mooring system. A mooring line or an anchor attach the ship to the sea floor and it is important and critical for subsea production facilities. Wires, synthetic fiber ropes and chains or all the three together are used to make mooring lines. The global offshore mooring system is used in oil rigs, for extraction of oil from sea and transferring the oil onto ships. An offshore mooring system is also used in oil wells to extract crude oil. Browse market data tables and in-depth TOC of the Offshore Mooring Systems Market to 2025 @ http://www.theinsightpartners.com/reports/offshore-mooring-systems-market The material type used in a particular mooring system is determined by environmental factors like currents, waves and wind. The rapid growth in energy industry and oil & gas will help in the rise of the overall global offshore mooring market. The increasing energy demand worldwide and increasing focus on clean electricity is expected to actuate the global market for offshore mooring system. Also, with the increase in per capita consumption of energy due to rising population will help to drive the market for offshore mooring system. Lack of technical knowledge, high investments and crude environment conditions under the sea will affect the market growth, however with the advancements in the technology, safety measures and training, the market is expected to grow at a decent pace. The offshore mooring system is segmented on the basis of type into taut leg system, single point mooring, spread mooring, semi-taut leg system and dynamic positioning mooring. The offshore mooring system is further bifurcated on the basis of anchorage includes vertical load anchors, suction anchors and drag embedment anchors. The market is also divided by application into SPAR, floating production storage & offloading (FPSO), tension leg, floating liquefied natural Gas (FLNG) and semi-submersible platforms. On the basis of depth the offshore mooring market can be segmented by shallow (1000 m). The global offshore mooring market is also bifurcated on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa. Offshore mooring systems consist of anchors, shackles, hooks, risers, connectors, buoys and synthetic ropes. Research organizations and different companies are taking initiatives that contributes the development of the offshore mooring systems for precise operations. The integration of mooring systems with information technology and automation is driving the growth of the market by facilitating better precision of the operations, maximizing safety measures, reducing human efforts and data collection. Development of vessels such as FLNG, production, FPSO, drilling, storage, (FDPSO).and floating has boost the growth in the market for offshore mooring. Positive growth events for the industry can be seen due to newly explored oil reserves in South China Sea, Brazil, Arctic region and North Sea. Many players from Japan, Australia and China are introducing themselves in the market with improved mooring systems solutions. The demand for drilling activities and subsea exploration are increasing with the rise in energy demand. Due to increase in the investments in deep, shallow and ultra-deep water research by the new companies, Europe market is growing. Decent growth can be seen in the Asia Pacific market for offshore mooring. Due the availability of crude oil wells in the Middle East, the market is expected to grow as well. Subsea activity can benefit the growth of the market in South America. The global offshore mooring market is dominated by North America and Europe majorly. Though, the key facilities of offshore production are located in the South America, Africa and Middle East but new projects are initiated in the Asia Pacific. Some of the key players operating in the global offshore mooring market are Offspring International, Mampaey Offshore Industries B.V., Lamprell Energy Ltd., Advanced Production and Loading, Balltec Limited, HR Services & Equipment Inc., ScanaIndustrier ASA, MODEC Inc., De Haan Mussel Kanaal B.V., Rigzone Mooring Systems, Delmar Systems Inc., Balmoral Group, BW Offshore Ltd, Single Point Mooring Systems, BW Offshore Ltd and Blue Water Energy Services among others. Few Key Points from Table of Content Global Offshore Mooring Systems Market Revenue and Forecasts to 2025 – Geographical Analysis • North America • Europe • Asia Pacific (APAC) • Middle East & Africa (MEA) • South America (SAM) Inquire about discount on this report @ http://www.theinsightpartners.com/discount/TIPTE100000105 About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries. For more information, please visit http://www.theinsightpartners.com/


News Article | November 24, 2016
Site: www.newsmaker.com.au

MarketStudyReport.com adds “FPSO Market Size By Product (Converted, Redeployed, New Built), By Water Depth (Shallow, Deep, Ultra-Deep), Industry Analysis Report, Regional Outlook (U.S., Norway, U.K, Indonesia, China, Brazil, Venezuela, Saudi Arabia, Iran, Nigeria, Angola), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 2024” new report to its research database. The report spread across 81 pages with table and figures in it. Developing economies to make substantial contribution towards the market growth Rise in offshore oil & gas exploration activities across the globe is expected to fuel the demand for the FPSO (Floating Production, Storage, and Offloading) market over the coming years. Currently, the exploration activities are being carried out mainly in offshore oil & gas fields of Brazil, North Sea, and West Africa. Growing oil & gas requirements across the globe will boost investments in new oil & gas fields. The rapid expansion of upstream oil & gas industry coupled with favorable government policies to promote offshore oil & gas exploration activities is projected to boost the market size over the next few years. As per Global Market Insights Inc. report, the FPSO Market share worth USD 21 billion in 2015, is predicted to surpass USD 117 billion by 2024, growing at a CAGR of 19% over the period of 2016-2024. The U.S. FPSO market share worth USD 20 billion in 2015, is expected to witness a noticeable surge over the forecast timeframe owing to the growing production and exploration of natural gas, rise in offshore activities and the discovery of untapped reservoirs. The Norway market is anticipated to touch USD 3.1 billion mark by 2024. Norway FPSO market size, by volume, 2014 2024 (Units) Norway FPSO market size, by volume, 2014 - 2024 (Units) The China FPSO market size worth USD 687 million in 2015, is predicted to witness a significant growth, recording a CAGR of 22% over the period of 2016-2024. The growth can be attributed to the rise in offshore as well as onshore exploration coupled with production activities in the region. The Angola FPSO market share, growing at a CAGR of 26.4% over the period of 2016-2024, is estimated to reach over 11 units in 2024 in terms of volume. Factors such as growing offshore production and exploration activities carried out in Deepwater reservoirs are expected to contribute towards the regional growth. Firms like Eni, Exxon Mobil, and Chevron have offshore projects in Angola and adds about 1MMbbl/d to the capacity. In April 2016, about 260 floating production units were set up in offshore oil & gas fields of which FPSO accounted for approximately 64%. Conversion of tank vessels into FPSO units is predicted to support the industry growth over the next few years. For instance, 1995 built shuttle tanker converted to a Libra FPSO unit in 2015 was designed to achieve the production of crude oil. The converted FPSO market is predicted to record a CAGR of 18.9% over the period of 2016-2024 owing to low capital investments coupled with the ability to operate in small and medium fields. The redeployed FPSO market worth USD 719.8 million in 2015, is anticipated to witness a substantial growth, growing at a CAGR of 22.3% over the forecast period. The growth can be credited to the products ability to minimize the project execution time. The new built FPSO market is predicted to witness a noticeable growth over the forecast timeframe due to growing ultra-deep water offshore exploration & production activities. Key market players include SBM Offshore, MODEC Inc., BW Offshore, Samsung Heavy Industries, Aker Solutions, Hyundai Heavy Industries Co. Ltd., Teekay Corporation, Yinson Holdings Berhad, and Bluewater Energy Services B.V. These industry players will try to increase their market share through product innovation and mergers & acquisitions. To receive personalized assistance, write to us @ [email protected] with the report title in the subject line along with your questions or call us at +1 866-764-2150


News Article | November 30, 2016
Site: www.newsmaker.com.au

Developing economies to make substantial contribution towards the market growth Rise in offshore oil & gas exploration activities across the globe is expected to fuel the demand for the FPSO (Floating Production, Storage, and Offloading) market over the coming years. Currently, the exploration activities are being carried out mainly in offshore oil & gas fields of Brazil, North Sea, and West Africa. Growing oil & gas requirements across the globe will boost investments in new oil & gas fields. The rapid expansion of upstream oil & gas industry coupled with favorable government policies to promote offshore oil & gas exploration activities is projected to boost the market size over the next few years. As per Global Market Insights Inc. report, the FPSO Market share worth USD 21 billion in 2015, is predicted to surpass USD 117 billion by 2024, growing at a CAGR of 19% over the period of 2016-2024. Get a Sample Copy of this Report@ https://www.gminsights.com/request-sample/detail/785 The U.S. FPSO market share worth USD 20 billion in 2015, is expected to witness a noticeable surge over the forecast timeframe owing to the growing production and exploration of natural gas, rise in offshore activities and the discovery of untapped reservoirs. The Norway market is anticipated to touch USD 3.1 billion mark by 2024. The China FPSO market size worth USD 687 million in 2015, is predicted to witness a significant growth, recording a CAGR of 22% over the period of 2016-2024. The growth can be attributed to the rise in offshore as well as onshore exploration coupled with production activities in the region. The Angola FPSO market share, growing at a CAGR of 26.4% over the period of 2016-2024, is estimated to reach over 11 units in 2024 in terms of volume. Factors such as growing offshore production and exploration activities carried out in Deepwater reservoirs are expected to contribute towards the regional growth. Firms like Eni, Exxon Mobil, and Chevron have offshore projects in Angola and adds about 1MMbbl/d to the capacity. In April 2016, about 260 floating production units were set up in offshore oil & gas fields of which FPSO accounted for approximately 64%. Conversion of tank vessels into FPSO units is predicted to support the industry growth over the next few years. For instance, 1995 built shuttle tanker converted to a Libra FPSO unit in 2015 was designed to achieve the production of crude oil. The converted FPSO market is predicted to record a CAGR of 18.9% over the period of 2016-2024 owing to low capital investments coupled with the ability to operate in small and medium fields. The redeployed FPSO market worth USD 719.8 million in 2015, is anticipated to witness a substantial growth, growing at a CAGR of 22.3% over the forecast period. The growth can be credited   to the product’s ability to minimize the project execution time. The new built FPSO market is predicted to witness a noticeable growth over the forecast timeframe due to growing ultra-deep water offshore exploration & production activities. Key market players include SBM Offshore, MODEC Inc., BW Offshore, Samsung Heavy Industries, Aker Solutions, Hyundai Heavy Industries Co. Ltd., Teekay Corporation, Yinson Holdings Berhad, and Bluewater Energy Services B.V. These industry players will try to increase their market share through product innovation and mergers & acquisitions.


A guide plate 22A, 22B having depressed portions 22 is provided between an array of heat exchanger tubes 21 arranged side by side in a horizontal direction and a next lower array of heat exchanger tubes 21 arranged side by side in the horizontal direction, and is positioned with the lowest parts of the depression portions 22a disposed near crest portions of the respective lower heat exchanger tubes 21. Thus, the guide plate is configured to convey a liquid D flowing down on outer surfaces of the respective upper heat exchanger tubes 21 onto the lower heat exchanger tubes 21 having one-to-one correspondences to the upper heat exchanger tubes 21 even when an inclination in a right-and-left direction of the heat exchanger tubes 21 occurs. Having this configuration, a falling film heat exchanger installed in a ship, an offshore structure, an underwater offshore structure or the like can avoid reduction in heat exchange performance, even when the ship or the like inclines and swings, by substantially evenly distributing and dropping a liquid such as a coolant or absorber onto the crests of the heat exchanger tubes and causing the liquid dropped from the heat exchanger tubes located in an upper array to surely fall onto the heat exchanger tubes located in the next lower array.


Patent
MODEC Inc. | Date: 2014-06-18

In a bubble lift system 10, a pressurized chamber 21 is provided at an upper end portion of a riser pipe 11, and applies a pressure to an upper portion inside the riser pipe 11 to suppress an increase in the volume ratio of bubbles to a fluid mixture rising inside the riser pipe 11 in a shallow water region. In this configuration, the upper end of the riser pipe 11 is not opened to the atmosphere but is inserted into the pressurized chamber 21 under a high pressure to thereby prevent expansion of the bubbles and gas. In addition, a deaerator 14 for discharging bubbles separated by a centrifugal force is also provided in a middle portion of the riser pipe 11 in a shallow water region to thereby make the bubbles distributed more evenly inside the whole riser pipe 11. Thus, provided are the bubble lift system 10 and a bubble lift method that are efficient and employable even in a deep water region.


Patent
MODEC Inc. | Date: 2012-07-27

In a bubble lift system 10, a pressurized chamber 21 is provided at an upper end portion of a riser pipe 11, and applies a pressure to an upper portion inside the riser pipe 11 to suppress an increase in the volume ratio of bubbles to a fluid mixture rising inside the riser pipe 11 in a shallow water region. In this configuration, the upper end of the riser pipe 11 is not opened to the atmosphere but is inserted into the pressurized chamber 21 under a high pressure to thereby prevent expansion of the bubbles and gas. In addition, a deaerator 14 for discharging bubbles separated by a centrifugal force is also provided in a middle portion of the riser pipe 11 in a shallow water region to thereby make the bubbles distributed more evenly inside the whole riser pipe 11. Thus, provided are the bubble lift system 10 and a bubble lift method that are efficient and employable even in a deep water region.


A guide plate having depressed portions is provided between an array of heat exchanger tubes, herein after tubes, arranged horizontally side-by-side and a next lower array of tubes arranged horizontally side-by-side, and is positioned with the lowest parts of the depressed portions near crest portions of respective lower tubes. The guide plate conveys a liquid D on outer surfaces of respective upper tubes onto similarly positioned lower tubes even when the tubes move in a right-and-left direction. A falling film heat exchanger installed in a ship, an offshore structure or the like can avoid reduction in heat exchange performance, even when the ship or the like inclines and swings, by substantially evenly distributing and dropping a liquid onto the crests of the tubes and causing the liquid dropped from the tubes located in an upper array to fall onto the tubes located in the next lower array.


Trademark
MODEC Inc. | Date: 2014-06-03

Tidal power generators; starters for motors and engines; motors, electric, other than for land vehicles; current generators; hydraulic engines and motors; compressed air engines; engines other than for land vehicles; motors other than for land vehicles; hydraulic turbines; wind turbines; air compressors for machines; compressed air machines. Dry cells; wet cells; accumulators in the nature of batteries; power distribution machines and apparatus, namely, panels and boxes and electronic power controllers therefor; rotary converters; phase modifiers. Non-electric prime movers for land vehicles not including their parts; machines elements for land vehicles, namely, brakes, gearboxes, clutches, couplings; motors for land vehicles; engines for land vehicles; turbines for land vehicles; boats and structural parts therefor; automobiles and structural parts therefor; two-wheeled motor vehicles and structural parts therefor; bicycles and structural parts thereof.


Trademark
MODEC Inc. | Date: 2016-05-02

Vessels mounted with fuel gas storage, regasification unit and electric power generation unit.


Trademark
MODEC Inc. | Date: 2012-02-24

Natural resources production system equipped with lithium bromide absorption refrigerating machines, found aboard a floating production, storage and offloading (FPSO) vessel or floating liquefied natural gas (FLNG) vessel, comprised of natural resource receiving machinery, hydrocarbon treatment machinery, and loading and unloading machines; oil, gas and mineral resources production system equipped with lithium bromide absorption refrigerating machines, found aboard a floating production, storage and offloading (FPSO) or floating liquefied natural gas (FLNG) vessel, comprised of natural resource receiving machinery, hydrocarbon treatment machinery, and loading and unloading machines. Liquefied natural gas refrigeration system comprised of heat exchangers not being parts of machinery, and lithium bromide absorption refrigerating machine; lithium bromide absorption refrigerating machines and their parts and fittings. Installation of lithium bromide absorption refrigerating machines and their parts and fittings; repair and maintenance of lithium bromide absorption refrigerating machines and their parts and fittings; repair and maintenance of natural resources production system equipped with lithium bromide absorption refrigerating machines; repair and maintenance of oil production system, gas production system and mineral resources production system equipped with lithium bromide absorption refrigerating machines; repair and maintenance of liquefied natural gas refrigeration systems equipped with lithium bromide absorption refrigeration machines. Design of lithium bromide absorption refrigerating machines and their parts and fittings; design of liquefied natural gas refrigerating system equipped with lithium bromide absorption refrigerating machines; design of natural resources production system equipped with lithium bromide absorption refrigerating machines; design of oil production system, gas production system and mineral resources production system equipped with lithium bromide absorption refrigeration machines.

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