Technavio
has announced the top five leading vendors in their recent global
mooring systems market report. This research report also
lists eight other prominent vendors that are expected to impact the
market during the forecast period.
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Technavio has published a new report on the global mooring systems market from 2017-2021. (Graphic: Business Wire)
The Alaska Division of Oil and Gas awarded more than six offshore oil
fields in the Cook Inlet under the state's bidding round during 2015.
These offshore oil fields were given to AIX Energy, Hilcorp Alaska, and
Woodstone Resources on lease basis for more than nine years. Moreover,
the Bahamian House of Assembly reviewed the new Petroleum Bill, which
was designed to guide the next phase of oil and natural gas exploration
around coastal islands during 2015.
Competitive vendor landscape
According to the report, companies, such as Balltech and SBM Offshore,
have a highly integrated value chain. These companies offer mooring
systems with planning, technologies, design, components, and services to
the offshore oil and gas industry.
“Novel players, such as African Maritime Services are likely to
invest in the industry due to the growing innovation in the mooring
system sector. However, high investment is involved in the development
of infrastructure for offshore mooring
systems. In addition, the lack of technical knowledge of
inexperienced players will hamper the growth of the sector during the
forecast period,” says Shakti Jakhar, a lead logistics
research analyst from Technavio.
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Top five mooring systems market vendors
Balltec
Balltec provides pioneering innovation in taper and ball technology for
use in pipeline recovery systems, heavy lifting applications, and
mooring connections, primarily in offshore environments. The world’s
first ball and taper device for oil and gas application was designed in
1983, which was followed by the weld-less mechanical pipe connector in
1986.
Delmar Systems
Delmar Systems is a prominent provider of mooring system services to the
offshore oil and gas industry, including conventional catenary, insert
and extension wire mooring, suction anchor. It also provides innovative
mooring designs and solutions. The company developed a suction anchor
system that requires only one anchor handling vessel (AHV) and subsea
connector, which can be disconnected for both permanent and temporary
installations.
MODEC
MODEC is a general contractor that specializes in the procurement,
engineering, installation, and construction of floating production
systems, such as Floating Storage and Offloading (FSO) vessels, and FPSO
vessels. The company has regional offices in Australia, Angola, Brazil,
Belgium, Indonesia, Ghana, Ivory Coast, Mexico, Singapore, Nigeria,
Thailand, Vietnam, and the US.
Offspring International
Offspring International specializes in equipment for offloading,
control, and mooring systems to optimize terminal operations of both
onshore and offshore activities. The company offers integrated supply of
equipment for SPM and CBM buoy mooring, breakaway couplings, PLEM
autonomous shutdown valve technology, and hoses combined with a
comprehensive terminal monitoring and management system.
SBM Offshore
SBM Offshore provides various floating production solutions to the
offshore energy industry, which operates over the full product
life-cycle. Its main activities are the supply, design, operation,
installation, and the life extension of FPSO vessels. These are either
operated or owned by the company and leased to its clients, which is on
a turnkey sale basis.
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