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Offshore Mooring Systems Market Showcases Promising Growth During Forecast 2015-2024

Mar 27th 2019 at 1:07 AM

Looking at the current market trends as well as the promising demand status of the “Offshore Mooring Systems Market”, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report. The market research study analyses Offshore Mooring Systems Market for West African region. It provides market estimates in terms of revenue expressed in US$ Million for a forecast period from 2015 to 2024. The report study thoroughly recognizes major drivers, restraints, key opportunities and analyses their impact on the market for the forecast period. The report provides in depth analysis of Porters Five forces and also identifies value chain of the offshore mooring systems market for the West African region.

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Offshore mooring systems assists anchorage of marine assets including vessels, barges, tugs and support vessels. Mooring is a permanent structure on which a vessel is secured or tied in. A mooring system collectively stalls free movement of a ship on water thus assisting it for its specific and desired use. Offshore mooring systems fixes the position of a vessel relative to a point on the sea-bed without any connection to shore. Mooring system includes anchors, mooring lines, shackles, steel/synthetic wires and chains. Vessel type and environmental conditions like wave / drifting forces, swell, wind & current forces determines component and equipment’s to be used in a particular mooring system.Recent fall and fluctuations in global crude oil prices has not deterred exploration activities in West Africa. The demand for energy, especially from exploration of oil and gas, is constantly on the rise. Major offshore production facilities are in Gabon, Angola, Ghana, Congo Brazzaville and Ivory Coast. New projects are also underway in this region which are expected to provide positive growth opportunities for the offshore mooring systems market. Most of the global major players in offshore mooring systems are entering West Africa offshore to expand market presence.

Based on the type of mooring systems, the catenary, taut leg system, semi-taut system, single point mooring, spread mooring and dynamic positioning are also expected to augment the West African offshore mooring systems market.

Based on application of offshore mooring system, the market for West Africa is segmented into Floating Production, Storage and Offloading (FPSO) Vessels, Floating Drilling, Production, Storage and Offloading (FDPSO) Vessels, Floating Liquefied Natural Gas (FLNG) Vessels, Tension Leg Platform (TLP), Semi-submersibles, Spar platforms and others mooring systems.

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The company’s included, but not limited to, are: SBM Offshore N.V., MDEC, Inc., Grup Servicii Petroliere S.A, Mampaey Offshore Industries B.V, FMC Technologies Inc., BW Offshore Ltd., Trelleborg Marine Systems, Timberland Equipment Ltd., Mooring Systems Inc., and Delmar Systems, Inc.

The report segments the West Africa offshore mooring market as:

By Type

  • Catenary
  • Taut Leg
  • Semi-taut
  • Spread
  • Single Point
  • Dynamic Positioning

By Application

  • Floating Production, Storage and Offloading (FPSO) Vessels
  • Floating Drilling, Production, Storage and Offloading (FDPSO) Vessels
  • Floating Liquefied Natural Gas (FLNG) Vessels
  • TLP
  • Semi-submersibles
  • Spar platforms
  • Others

By Anchorage

  • Drag Embedment Type Anchors
  • Suction Type Anchors
  • Vertical Load Type Anchors

By Country

  • Mauritania
  • Senegal
  • Guinea
  • Ivory Coast
  • Ghana
  • Cameroon
  • Equatorial Guinea
  • Gabon
  • Congo
  • Angola
  • Congo Brazzaville

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