Overview of the Floating Production Sector International Maritime Associates, Inc. — Washington, DC, USA — Tel: 202-333-8501 Fax: 202-333-8504 — E-mail:

Slides:

Advertisements

Similar presentations

Guy Caruso Administrator Energy Information Administration Washington, DC June 20, 2006 International Energy Outlook 2006 with Projections to 2030.

Advertisements

1 Does Australian oil refining really matter? Des King CEO & Managing Director Caltex Australia Limited American Chamber of Commerce 8 November 2007.

Petroleum and Natural Gas Outlook Briefing for the National Association of State Energy Officials 2005 Energy Outlook Conference Washington, DC Mike Burdette.

EIA Outlook for U.S. Heating Fuels State Heating Oil and Propane Program Conference North Falmouth, Massachusetts Laurie Falter Industry Economist Energy.

Chinmay Das,ABIT,Cuttack Non-Conventional Energy Sources.

U.S. Energy Information Administration Independent Statistics & Analysis Global Oil Geopolitics Rio Oil & Gas Conference September 17, 2012|

Energy in the Middle East John Ridgway.  Global Energy Outlook  Middle East Outlook Safety of our people – Protection of the environment Agenda.

Global Economic and Energy Outlook International Aviation Fuel Conference and Exhibition Christof Ruehl, Chief Economist, BP p.l.c. Beijing, April 2012.

The Deepwater Gulf of Mexico International Maritime Associates, Inc. — Washington, DC, USA — Tel: Fax: —

INSURING PROJECT CARGO What is it about? Infrastructure Projects Worldwide Oversized Cargoes High Insured Values Complex Logistics Requirements Projects.

Helix Energy Solutions Group, Inc. (HLX) NYSE Recommendation: BUY Price (10/3/14): $21.55.

James M. Kendell Energy Information Administration The Aspen Institute June 28, 2008 Aspen, Colorado Global Gas Outlook.

Natural Gas Makes the Future Work. 2 Outline Natural Gas in Relation to Other Commodities Today’s Market Fundamentals Natural Gas: Jobs, Revenue & Environment.

Potential Job Creation, Economic Benefits and Revenue Sharing from Oil and Natural Gas Exploration and Production in the Mid-Atlantic Region Virginia Governor’s.

FUTURE FPSO PROJECTS IN THE DECISION-MAKING PROCESS

Crude Oil, Heating Oil, and Propane Outlook Briefing for the State Heating Oil and Propane Program Conference Asheville, NC Mike Burdette Petroleum Division,

Floating Production Systems

The “Shale Revolution” Myths and Realities Trans-Atlantic Energy Dialogue Washington, DC December 10, 2013 J. David Hughes Global Sustainability Research.

SHORT - TERM NATURAL GAS OUTLOOK National Association of State Energy Officials State Heating Oil and Propane Conference August 7, 2006 Barbara Mariner-Volpe,

The Natural Gas/Electricity Nexus Brad Leach Senior Director, Electricity and Natural Gas Research NYMEX APEX 2006 Annual Conference Association of Power.

© 2008 ICF International. All rights reserved. New York Gas Market Overview Based on NYSERDA Case 1 (n0908) March 2009 Contacts: Kevin R. Petak (

1.  Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable.  Climate.

1 Alternative Energy Sources Delivered on Behalf of: Bill Pyke Hilbre Consulting Limited October 2012 Copyright and all intellectual property rights retained.

US Renewable Energy Markets: Financial Perspective By Michael D. Ware Advance Capital Markets, Inc. Washington Council of Governments Washington, DC June.

International Energy Outlook 2010 With Projections to 2035.

Why Are Oil Prices So High and Where are They Going? Guy F. Caruso Administrator Energy Information Administration Global Finance Forum Washington, DC.

The Impacts of Rising Gasoline Prices Doug MacIntyre Energy Information Administration September 30, 2005 Metropolitan Washington Council of Governments.

Intertanko Energy and Tanker Market Review March 2005

Maritime Cyprus 2009 “A Changing Climate: Emerging Opportunities” Energy Consumption and Transportation Peter M. Swift 30 September 2009 INTERTANKO: London,

Short-Term Energy and Summer Fuels Outlook Guy Caruso Administrator, Energy Information Administration 2006 Summer Transportation Fuels Outlook Conference.

Powerful Thinking for the global energy industry Outlook for 2011 Oil Markets: Why Oil Prices Will Stay in the Double Digits David Knapp, Chief Energy.

Kansas Geological Survey State Energy Resources Coordination Council

INTERTANKO Athens Tanker Event 11 April 2005 Odd Anker Hassel Director, CERA CONFIDENTIAL ©2005, Cambridge Energy Research Associates, Inc., 55 Cambridge.

Global Issues Oil prices pierced the $50/bbl barrier this month –At current consumption this is a $2.4 billion/day windfall over long-term average oil.

The National Shipping Company of Saudi Arabia (NSCSA)

1 National Security Consequences of U.S. Oil Dependency Independent Task Force Report COUNCIL ON FOREIGN RELATIONS.

LNG North American Summit 2008 Houston, Texas June 19, 2008 James M. Kendell Energy Information Administration U.S. Natural Gas.

The Northeast Natural Gas Market in 2030 LNG EXPRESS CONFERENCE Boston, Massachusetts September 21, 2006 William Trapmann Natural Gas Analysis Team Leader.

April 19, 2004 International Energy Outlook 2004 Guy Caruso Administrator Energy Information Administration Thirty-First Annual International Energy Conference.

Sustainable Energy Systems The EU “WETO” World Energy, Technology and climate policy Outlook 2030 Domenico Rossetti di Valdalbero European Commission,

Jan 20, 2011 Is Tanker Demand Growing Fast Enough? 2nd Annual Marine Money London Ship Finance Forum Henry Curra, ACM Shipping.

Petroleum Supply and Market Outlook Briefing for the 7 th Annual International Airport Operations/Jet Fuel Conference Orlando, Florida Mike Burdette Petroleum.

Ultra-Deepwater Production and Need for Shuttle Tankers in the Gulf of Mexico International Maritime Associates, Inc. — Washington, DC, USA — Tel:

U.S. Energy Information Administration Independent Statistics & Analysis International Energy Outlook 2013 for Center for Strategic and International.

1 Office of the Chief Economist Global economic growth The outlook for the Australian resources sector Mark Cully APPEA Tax and Commercial Conference 29.

California Energy Commission Integrated Energy Policy Report Commissioner Workshop: Highlights of the Natural Gas Outlook Report November 03, 2015 Ivin.

Crude Oil, Heating Oil, and Propane Market Outlook Briefing for the State Heating Oil and Propane Program Conference Kennebunkport, ME by Douglas MacIntyre.

Setting the Scene Presentation at Intsok International Oil and Gas Business Days 2007 by Jim McCaul International Maritime Associates Washington-Houston.

World energy production by source in 2004: Oil 40% coal 23.3% natural gas 22.5% hydroelectric 7.0% nuclear 6.5% biomass and other 0.7%.

U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2015 United States Energy Association USEA Executive.

ASUTIL San Juan, Puerto Rico 2 September 2010 Angela Gittens Airports Council International.

U.S. Energy Information Administration Independent Statistics & Analysis Outlook for coal and electricity for National Coal Council November.

CSG/ERC 44 th Annual Meeting Springfield, MA Douglas MacIntyre, Senior Oil Market Analyst Petroleum Division U.S. Energy Information Administration August.

Strategic Advisors in Global Energy Investing in Oil and Natural Gas: A Few Key Issues Prepared for EIA Conference Susan Farrell, Senior Director PFC Energy.

U.S. Energy Information Administration Independent Statistics & Analysis Energy Markets Outlook for Center for Strategic & International Studies.

U.S. Energy Information Administration Independent Statistics & Analysis Oil markets -- a view from EIA for State of the Oil Markets Panel.

Understanding the Impacts of Incremental Gas Supply on the Flow Dynamics Across the North American Grid Canadian Institute Vancouver, BC November 20, 2006.

Energy Information Administration 25th Anniversary of the 1973 Oil Embargo 25th Anniversary of the 1973 Oil Embargo Energy Trends Since the First Major.

Regional Energy Profile Forum on Energy Preparedness Metropolitan Washington Council of Governments Alice Lippert and Douglas MacIntyre Energy Information.

 FPSO — floating production, storage, and offloading systems; offloading of the crude oil to a shuttle tanker;  These are typically converted or newly.

Leading the way; making a difference LATIN AMERICAN PANEL November 5, 2014 TANKER MARKET JOSEPH ANGELO DEPUTY MANAGING DIRECTOR.

WEFA Inc. Northeast Natural Gas Market Outlook Ron Denhardt Vice President, WEFA Energy Services September.

Offshore Mooring Systems Market to Global Analysis and Forecasts by Type, Anchorage, Application and Depth No of Pages: 150 Publishing Date: Jan.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Power Transmission Components Market Share & Industry Analysis, 2016 –

© 2016 Global Market Insights. All Rights Reserved Mooring System Market Growth Trend & Forecast by Mooring System Market.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved FLNG Market Share, Regional Outlook & Forecast FLNG Market.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Crude Oil Desalter & Electrostatic Dehydrator Market Market Price, Packaging.

Current Power and Energy Landscape

The Outlook for Energy and Natural Gas Markets

IEA update and recent activities

Presentation transcript:

Overview of the Floating Production Sector International Maritime Associates, Inc. — Washington, DC, USA — Tel: Fax: — — Website: Presentation by James McCaul at the 18 th Annual Floating Production Systems Conference and Exhibition December 1, 2001

The Presentation Will... International Maritime Associates, Inc Profile the current inventory of floaters Characterize the current order backlog Identify potential new floater projects Describe the longer term outlook for new floaters

154 Floating Production Systems Now Available International Maritime Associates, Inc Tension Leg Platforms 38 Production Semis 92 FPSO Vessels 9 Production Spars

Where Floating Production Systems Are Now Operating International Maritime Associates, Inc

Geographic Distribution of Production Floaters Now Operating International Maritime Associates, Inc FPSOsSemis SparsTLPs

30 Year Growth in Number of Floaters Has Been Impressive International Maritime Associates, Inc

Over the Past 7 Years 101 Floating Production, 30 Storage Systems Have Been Installed International Maritime Associates, Inc Where Installed

Area % of InstallationsType Northern Europe26%19 FPSOs, 7 semis Gulf of Mexico19%9 TLPs, 9 spars, 1 semi West Africa18%17 FPSOs, 1 semi Brazil17%11 FPSOs, 6 semis Asia/Pacific16%15 FPSOs, 1 TLP Other5%5 FPSOs International Maritime Associates, Inc Production Floater Installations Over Past 7 Years

Almost 11 MB/D Oil Processing Capacity Now On Floating Production Systems International Maritime Associates, Inc

37 Floating Production Systems and 5 Storage Systems are on Order (as of November 2003) International Maritime Associates, Inc TLPs — 2 mini, 2 wellhead 25 FPSO Vessels — 12 new, 11 conversions, 2 upgrades 4 Production Semis — all new 4 Production Spars — all new 5 FSOs — 1 new, 4 conversions

Where Floating Production and Storage Systems on Order are to be Installed International Maritime Associates, Inc

Where to be Installed % of Orders Type West Africa32%10 FPSOs, 2 well-TLPs Gulf of Mexico22%2 TLPs, 2 semis, 4 spars Asia/Pacific22%8 FPSOs Brazil16%6 FPSOs Northern Europe3%1 semi Other5%2 FPSO International Maritime Associates, Inc Production Floaters Now on Order (as of November 2003)

6 Year Trend in Orders for Floating Production Systems (average order intake per month) International Maritime Associates, Inc

87 Floating Production Systems are Planned or Under Study (as of November 2003) International Maritime Associates, Inc

Projects in the Bidding or Final Design Stage (as of November 2003) International Maritime Associates, Inc

Some Near Term Projects... International Maritime Associates, Inc Akpo Agbami Kizomba C/D Block G Usan/Ukot Roncador P-54 Marlim Leste Tahiti Merganser/Vortex Peng Lai 2

Projects Planned or Under Study (as of November 2003) International Maritime Associates, Inc

Some Longer Term Projects... International Maritime Associates, Inc Southern Alaminos Canyon — FPSO/shuttle tanker or production semi/pipeline? Block 31 Angola — large FPSO Bonga Southwest — large FPSO, maybe joint development with Aparo Marlim Sul/Roncador — 3 or 4 additional large FPSOs or semis Gehem/Ranggas — TLP/production barge combo, like West Seno

The Long Term Outlook for Floater Orders is Very Favorable International Maritime Associates, Inc

Trend in World Oil and Gas Consumption International Maritime Associates, Inc

Long Term Oil and Gas Demand International Maritime Associates, Inc IEA expects global energy demand to increase at a rate of 1.7% per year over next 30 years Oil and natural gas to supply 90% of the increased demand Oil consumption is expected to rise at an annual rate of 1.6% Gas consumption is expected to double by 2030

Futures Price of Crude ($ per bbl) International Maritime Associates, Inc

Our February 2003 Forecast of Requirements for Floating Production Units International Maritime Associates, Inc

This Forecast Would Produce Orders for 62 to 89 FPUs Between International Maritime Associates, Inc Composition of orders is expected to be - 60% FPSOs - 30% spars or TLPs - 10% production semis These orders would generate $22 to 31 billion capex In February 2004 we will revisit this forecast and extend the forecast period from 2004 to 2009