Propelling FPSO Growth with Future-Forward Engineering & Project Innovation

September 10 - 13, 2024 l Singapore Expo

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FPSO Supply Chain Strategies

Expenditure in offshore upstream projects has increased in recent years. However, 2023 closed with fewer approvals for FPSO projects than expected. High interest rates and full contractor backlogs proved hurdles for the market. Investment forecast for the next five years proves to be promising as FPSO growth is estimated to increase by 40% compared to the previous period.

Check out the report put together by Rystad Energy on FPSO Supply Chain Strategies.

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Propelling FPSO Growth with Future-Forward Engineering & Project Innovation

FPSO Supply Chain Strategies

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