Global FPSO Industry Outlook - Spending Cuts on Offshore Projects Hits Global FPSO Deployments: Market Research Report
Globally 60 FPSOs are expected to start operations by 2019. However persistent low crude oil prices have deteriorated project economics of several offshore development projects and could lead to delay or cancellation of the several planned FPSOs. Among countries, Brazil will dominate the global FPSO industrys growth with anticipated deployment of 17 FPSOs by 2019. Proposed development of pre-salt fields in offshore areas of Brazil will be the key driver for FPSO deployments in the country. After Brazil, UK is...
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