Africa’s offshore industry is reorganising—not slowing—and FPSOs are at the centre of the story. In this edition, we cover Shell’s latest US$510M deepwater bet, CNRL’s Baobab FPSO revival, a surge of exploration across Angola, Namibia, and the Gulf of Guinea, and key regulatory shifts shaping 2026 decisions. Download the project list to stay ahead in Africa’s FPSO market.
From TotalEnergies’ multi-billion-dollar projects across Uganda, Namibia, and Mozambique to Uganda’s race toward first oil by 2026, Africa’s upstream revival is gaining visible momentum. The latest State of African Energy 2026 Outlook projects production climbing to 11.4 million bpd, underpinned by new deepwater, LNG, and FPSO investments. Find out full story by downloading the newsletter now!
As we enter the new year, the global FPSO market is not slowing down — it is becoming more selective, disciplined, and strategically focused. Offshore investment remains resilient, but the factors driving FPSO demand are evolving rapidly.
In Edition 6, we covered:
1. Global and regional FPSO headlines (South America & Africa)
2. FPSO market outlook and forecasts for 2026 and beyond
3. Venezuela’s oil & gas sector: current state and future implications
4. Africa’s role in the next phase of FPSO deployment
5. Key industry reports and events shaping market direction
Africa’s FPSO market is entering a decisive growth phase, driven by deepwater developments, offshore investment momentum, and expanding project pipelines across key markets including Nigeria, Angola, Ghana, and Mozambique. This executive report provides a concise outlook on Africa’s next FPSO sanctioning cycle (2026 – 2033) — outlining what is changing in the market landscape, what is driving CAPEX decisions, and what it means for FPSO stakeholders across the value chain.
Inside the report, readers will find: -
1. Africa FPSO market insights and outlook
2. A breakdown of the regional project pipeline and notable FID-ready developments
3. Key priorities influencing investment decisions, including asset integrity, topsides reliability, digitalisation, corrosion management, life extension strategies, and decarbonisation readiness
Download now for free to get full access!
This report by S&P Global Commodity Insights maps out the FPSOs already operating in West Africa, highlights those currently under construction, and profiles the existing offshore fields driving the region’s growth.
At FPSO Africa 2026, we are bringing together thought leaders from oil and gas producers, FPSO contractors, shipyards, EPCs, and solution providers to tackle these challenges and provide you actionable insights. We have given a sneak peek into the agenda below; to read the entire agenda, download your PDF copy!
Get a foundation in FPSO project structures, financing strategies, and contracting models tailored for Africa.
Starts with a talk on state of Africa’s FPSO market — where investment is flowing and how deepwater projects are evolving. From there, keynotes & case studies will explore how to develop a Commercially Viable FPSO Projects in Africa.
Tools and technologies shaping tomorrow’s FPSOs - discover how digital twins, automation, and predictive maintenance are reducing downtime and enabling emissions reductions without compromising on output.
Make the call between redeployment or new-build with confidence. Sessions cover hull integrity, retrofit strategies, and asset life extension.