Rystad Energy expects 33 FPSOs to be sanctioned in next three years
From 2019 to 2021 Rystad Energy expects 33 FPSOs (Floating Production Storage and Offloading vessels) to be sanctioned as oil and gas activity picks up in the offshore sector.
Fifteen of the FPSOs will require a production capacity above 80,000 barrels/day. This high capacity demand comes mainly from the developments in Guyana and Brazil whereas operators such as Exxon, Equinor and Petrobras is stepping up their deepwater production.
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27th February 2019