Global FPSO Industry Outlook - Brazil Leads Record FPSO Deployments Despite Deteriorated Project Economics
The world is expected witness start of operations of 64 FPSOs over the course of next five years giving a strong push to offshore oil and gas production. Brazil will drive the global FPSO industry growth with expected start-up of 25 FPSOs by 2019. Development of fields in the sub-salt and post-salt areas in the deep and ultra deep offshore areas of Brazil will drive the FPSO deployment in the country. In Europe, development of offshore projects in the North...
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