Discover the Global FPSO Industry Outlook - Persistent Delays in Planned FPSO Projects Q3 2016
Globally 50 FPSO are expected to start operations over the next four years. However, declining upstream capital spending by companies due to low crude oil price scenario is expected to delay the planned start of several FPSOs. South America will lead globally with planned deployment of 21 FPSOs by 2020. Africa and Europe are the other major regions in the world with planned deployment of 10 and 9 FPSOs respectively over the next four years.
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