Tension leg platform (TLPs) is one of the types of floating production system. This is a vertically moored floating structure used by offshore oil & gas industry. This system use tendons to the sea floor which allows a simpler well completion and give better control over the production from oil & gas reservoir. It makes the whole system stable. Floating production systems are the essential tools for the offshore oil & gas development.
The report, “Tension leg platform market Forecast 2014-2019” analyzed by geography. In terms of geography, this market is segmented in to Africa, Latin America, Europe, Asia Pacific and North America and Middle East. This market is also segmented by usage which includes midstream Oil & gas.
The increasing demands for crude oil globally, which is the major contributor for industrialization has increased the oil exploration activities. Now days the increased focus for offshore exploration and production activities and the increasing offshore wells has raised the importance of floating production systems. This system plays a dominant role in shallow and deep water explorations.
Tension leg platform increases the production in exploration activities by providing stability to the whole system. Shallow and deep water exploration has been driving TLPs market because it provides stability to the equipment on deck.
The report in addition provides an extensive competitive landscaping of key companies operating in Tension leg platform market which includes Bumi Armad (Malaysia), Hyundai heavy industries ltd. (South Korea), Keppel FPSO/FSO (Singapore) and others. The report also provides an extensive competitive landscaping of companies operating in this market, country wise market share, new product and services launches, M&A, product portfolio of key players.
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Product benchmarking outlook
• Recent updates in floating production systems market
• Product portfolios of key competitors ( region wise)
Customer segment outlook
• No. of offshore wells (region wise)
• Future development in offshore industry and regulations for offshore oil & gas exploration
• Key competitors ( region wise)
• Information about which regions are doing well in TLPs market
• Upcoming project on shallow and deep water exploration
• Challenges in floating production system market
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