--- title: FPS construction market expected to see slight increase in 2025 description: The floating production facility construction market continues to be a key driver in the offshore energy sector, with activity expected to stay strong from 2025-2027. image: https://blog.energymaritimeassociates.com/hubfs/EMA%20-%20News%20-%20Graphic-Article-Offshore%20Magazine.jpg --- 1 min read # FPS construction market expected to see slight increase in 2025 [![Picture of David Boggs](https://blog.energymaritimeassociates.com/hubfs/EMA%20New%20Graphics/Staff%20Photos/David%20Boggs%20-%20Blog%20Author.png) David Boggs ](https://blog.energymaritimeassociates.com/news/author/david-boggs) : Thu, Jan 9, 2025 [News](https://blog.energymaritimeassociates.com/news/tag/news) [Floating Production](https://blog.energymaritimeassociates.com/news/tag/floating-production) ![FPS construction market expected to see slight increase in 2025](https://blog.energymaritimeassociates.com/hubfs/EMA%20-%20News%20-%20Graphic-Article-Offshore%20Magazine.jpg) The floating production facility construction market continues to be a key driver in the offshore energy sector, with activity expected to stay strong from 2025-2027. The industry may start seeing more gradual demand changes, as opposed to boom and bust. Industry Insights from Energy Maritime Associates, Executive Director, [David Boggs](https://www.linkedin.com/in/david-boggs-ema/) The floating production facility construction market remains one of the key bright spots in the offshore energy market. Industry sentiment remains extremely positive, although down from last year’s record level. Project delays in 2024 have tempered optimism, while also allowing additional capacity in the supply chain and lower cost inflation. Activity levels are expected to remain high from 2025-27, but new orders will continue to be challenged by project economics and geopolitical events. Read David’s article in Offshore Magazine for more on the key trends shaping the industry; [>> FPS construction market expected to see slight increase in 2025](https://www.offshore-mag.com/field-development/article/55260045/fps-construction-market-expected-to-see-slight-increase-in-2025) ![Offshore Magazine - David Boggs Article](https://blog.energymaritimeassociates.com/hs-fs/hubfs/EMA%20New%20Graphics/Offshore%20Magazine%20-%20David%20Boggs%20Article.jpg?width=603&height=538&name=Offshore%20Magazine%20-%20David%20Boggs%20Article.jpg)   **For further information, please contact: ** [David Boggs](mailto:david@energymaritimeassociates.com) About the Author ### David Boggs | Managing Director, Energy Maritime Associates David Boggs is the Director of Energy Maritime Associates. David has over 25 years’ experience in the Offshore Oil & Gas Industry and was previously General Manager – Commercial at Tanker Pacific Offshore Terminals in Singapore, responsible for all business development and commercial activities for a fleet of leased FSO and FPSO units. He is a leading expert on the floating production market, with frequent appearances in industry publications and conferences.  Mr. Boggs has a BA cum laude from Harvard University and an MBA with honors from the University of Texas at Austin, where he was also president of the Energy Finance Group.   - [Tweet](https://twitter.com/share) [![Riviera Maritime Media and Energy Maritime Associates partner to Launch the Floating Energy Forum 2026](https://blog.energymaritimeassociates.com/hubfs/Floating%20Energy%20Forum%202026%20launch.jpg) ](https://blog.energymaritimeassociates.com/news/riviera-maritime-media-and-energy-maritime-associates-partner-to-launch-the-floating-energy-forum-2026) #### [Riviera Maritime Media and Energy Maritime Associates partner to Launch the Floating Energy Forum 2026](https://blog.energymaritimeassociates.com/news/riviera-maritime-media-and-energy-maritime-associates-partner-to-launch-the-floating-energy-forum-2026) ![Picture of David Boggs](https://blog.energymaritimeassociates.com/hs-fs/hubfs/EMA%20New%20Graphics/Staff%20Photos/David%20Boggs%20-%20Blog%20Author.png?width=30&name=David%20Boggs%20-%20Blog%20Author.png) [David Boggs](https://blog.energymaritimeassociates.com/news/author/david-boggs) : Mon, Sep 29, 2025 Riviera Maritime Media and Energy Maritime Associates unveil Floating Energy Forum to champion the future of offshore energy [News](https://blog.energymaritimeassociates.com/news/tag/news) [Read More](https://blog.energymaritimeassociates.com/news/riviera-maritime-media-and-energy-maritime-associates-partner-to-launch-the-floating-energy-forum-2026) [![Shaun Henry appointed to the Board as a Non-Executive Director](https://blog.energymaritimeassociates.com/hubfs/EMA%20-%20News%20-%20Graphic-Appointment%20of%20Shaun%20Henry.jpg) ](https://blog.energymaritimeassociates.com/news/shaun-henry-non-exec-director) #### [Shaun Henry appointed to the Board as a Non-Executive Director](https://blog.energymaritimeassociates.com/news/shaun-henry-non-exec-director) ![Picture of Mike Watson](https://blog.energymaritimeassociates.com/hs-fs/hubfs/EMA%20New%20Graphics/Staff%20Photos/Mike%20Watson%20-%20Blog%20Author.png?width=30&name=Mike%20Watson%20-%20Blog%20Author.png) [Mike Watson](https://blog.energymaritimeassociates.com/news/author/mike-watson) : Thu, Oct 5, 2023 Shaun Henry appointed to the Boards as a Non-Executive Director [News](https://blog.energymaritimeassociates.com/news/tag/news) [Read More](https://blog.energymaritimeassociates.com/news/shaun-henry-non-exec-director) [![Leading International Operator Awards Archer Knight 3 Year Diving Technical Authority Contract](https://blog.energymaritimeassociates.com/hubfs/EMA%20-%20News%20-%20Graphic-Diving%20Contract%20Awards.jpg) ](https://blog.energymaritimeassociates.com/news/leading-international-operator-awards-archer-knight-3-year-diving-technical-authority-contract) #### [Leading International Operator Awards Archer Knight 3 Year Diving Technical Authority Contract](https://blog.energymaritimeassociates.com/news/leading-international-operator-awards-archer-knight-3-year-diving-technical-authority-contract) ![Picture of Derek Beddows](https://blog.energymaritimeassociates.com/hs-fs/hubfs/EMA%20New%20Graphics/Staff%20Photos/Derek%20Beddows%20-%20Blog%20Author.png?width=30&name=Derek%20Beddows%20-%20Blog%20Author.png) [Derek Beddows](https://blog.energymaritimeassociates.com/news/author/derek-beddows) : Thu, Feb 17, 2022 Archer Knight has hailed a diving technical authority contract award with leading a international independent oil & gas operator as a landmark... [News](https://blog.energymaritimeassociates.com/news/tag/news) [Diving Technical Authority](https://blog.energymaritimeassociates.com/news/tag/diving-technical-authority) [Read More](https://blog.energymaritimeassociates.com/news/leading-international-operator-awards-archer-knight-3-year-diving-technical-authority-contract) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "David Boggs", "url" : "https://blog.energymaritimeassociates.com/news/author/david-boggs" }, "dateModified" : "2026-03-11T11:35:04.315Z", "datePublished" : "2025-01-09T01:30:00.000Z", "headline" : "FPS construction market expected to see slight increase in 2025", "image" : [ "https://blog.energymaritimeassociates.com/hubfs/EMA%20-%20News%20-%20Graphic-Article-Offshore%20Magazine.jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.energymaritimeassociates.com/news/fps-construction-market-expected-to-see-slight-increase-in-2025", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.energymaritimeassociates.com/hubfs/EMA%20New%20Graphics/Energy%20Maritime%20Associates_logo.svg" }, "name" : "Archer Knight (Holdings) Limited " } } ``` ```json { "@context" : "https://schema.org/", "@type" : "Article", "author" : { "@type" : "Person", "name" : "David Boggs" }, "dateModified" : "2026-03-11", "datePublished" : "2025-01-09", "description" : "The floating production facility construction market continues to be a key driver in the offshore energy sector, with activity expected to stay strong from 2025-2027.", "headline" : "FPS construction market expected to see slight increase in 2025", "image" : { "@type" : "ImageObject", "height" : "", "url" : "https://blog.energymaritimeassociates.com/hubfs/EMA%20-%20News%20-%20Graphic-Article-Offshore%20Magazine.jpg", "width" : "" }, "mainEntityOfPage" : { "@id" : "https://blog.energymaritimeassociates.com/news/fps-construction-market-expected-to-see-slight-increase-in-2025", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "height" : "", "url" : "https://blog.energymaritimeassociates.com/hubfs/EMA%20New%20Graphics/Energy%20Maritime%20Associates_logo.svg", "width" : "" }, "name" : "Energy Maritime Associates" } } ```