[SPECIAL REPORT] FPSO Predictions 2016: The Industry's Annus Horribilis

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It will have escaped nobody’s attention that the 18 month-long oil price rout has wreaked havoc on the global oil and gas industry. Amongst the casualties of the war on price, the floating production, storage and offloading (FPSO) sector, comprising operators and service providers working on and around the 270 units deployed on the world's oceans.
In this article, we take a look at what the rest of 2016 has in store for this most innovative of business sectors, and whether a light at the end of the tunnel lies ahead for one of the greatest oil depressions.
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