Cost Reduction and Efficiency Improvement—FPSO&FLNG ASIA 2016(FFA2016)

published Jul 06, 2016
1 min read

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As an essential component of offshore oil and gas development, the Floating Production System (FPS) has been developing vigorously in recent years. It is estimated that the expenditure of global FPS will reach 91 billion USD between 2013 and 2017. However, given the plunge in global oil prices last year and the excessive shipping capacity growth over the past decade, the global market in marine engineering equipment dropped to the freezing point during the first quarter of 2015. As a result, the FPSO market is suffering from unprecedented difficulties. Nonetheless, the FPSO market is still encouraging in the long term: a positive outlook remains with potential orders for $80-$120 billion from 2015 to 2019.

In the field of FLNG, with global offshore gas development steadily moving towards deep water, from the ‘Prelude FLNG Project’ by Royal Dutch Shell to ‘Kanowit FLNG Project’ by Petronas to ‘Caribbean FLNG Project’ by Exmar, the first FLNG in the world is to be vividly portrayed. It is forecast that the FLNG market will attract 65 billion USD by 2020, and the majority of investment will be made in the Asia-Pacific region. With implementation of the Made in China 2025 plan led by the ‘One Belt and One Road’ strategy, FPSO & FLNG market will bring extensive development opportunities.

FPSO & FLNG Asia 2016(FFA2016), which will be held on October 20th -21st in Shanghai, China, will bring together local and international stakeholders including government officials, representatives of industry associations, operators, leasing contractors, EPC contractors, vessel yards and equipment/ service providers. FFA2016 will focus on cutting-edge technology, market outlooks and boosting win-win Cooperation. Welcome to visit our website: http://www.ffa-

Key Issues To Be Discussed Include:

  • FPSO & FLNG Industries in China: Global Perspective with a Local Focus
  • Policy Incentive for Boosting FPSO & FLNG market: the Bright Outlook
  • Latest Technological Progress of FPSO & FLNG
  • Project Management for Better Efficiency and Effectiveness with High Cost Performance
  • World Best Practice of FLNG Projects

We cordially invite you to join us at FFA2016 for what will be exceptional. More information, please contact: Sandy, the phone number: 8 6-21- 68407631 or email:

Co-related Asian Premier Summit Deepwater Asia Pacific, for more information, please visit the website:

About CDMC:

China Decision Makers Consultancy(CDMC)is the first and the largest professional conference organizer in Asia. Since founded in 2004, CDMC has successfully organized hundreds of events, conferences and exhibitions with tremendous attendance. CDMC has millions of decision makers’ database. We witnessed the rapid growth of Chinese market in the past 12 years. On May 2016, CDMC was listed on National Equities Exchange and Quotations (Chinese OCT Equities Markets).

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