The key challenge in 2022 for many FPSO operators will centre around maintenance and cost reduction strategies. Issues relating to reliability and management of key production assets in addition to Health, Safety, Security and Environment (HSSE)are just some of the things that must be dealt with while ensuring cost concerns are adequately addressed.
To gain insights on the matter, we spoke to three experts whose experience in FPSO operational strategies have been instrumental in them successfully navigating the current unpredictable landscape.
Download this exclusive article to learn more.
Ahead of the FPSO World Congress 2023, leading energy research and business intelligence company Rystad Energy has published the 2023 FPSO Market Trend Report titled “FPSO Construction during Supply Chain Disruptions”.
In offshore oil and gas industry applications, Floating Production Storage and Offloading (FPSO) vessels are typically equipped with processing equipment that helps separate, store and offload crude oil and gas extracted from subsea oil wells and platforms. FPSO vessels make use of processing equipment installed above the vessel's deck, known in the industry as topside. One of the solutions to achieving power/torque density in Naval and Aviation applications involve micro-grids operating at a higher-than-normal commercial frequency. This is an alternative that has a proven field record and is a potential option for overcoming space constraints in future FPSO designs.
The authors from GE Power Conversion will first illustrate critical quality requirements for the considered application along with areas considered beyond the scope of this paper. This paper will then look at three current configurations before moving to the proposed solution and presenting the conclusions that were reached
Carbon emissions from the FPSO sector are poised to surge amid a flurry of new deepwater developments, increasing concerns on the topic. Carbon dioxide (CO2) emissions are estimated to grow 27% by the end of the decade only in projects with that type of platform. FPSO decarbonization is receiving significant attention, with multiple available technologies to reduce field carbon footprint. Adopting these technologies will decrease the intensity from 19 barrels of oil equivalent (boe) to 17 boe produced by 2030. Check out our report to find out how FPSO projects can be future-ready designed to meet lower carbon emission objectives
In our latest report on Musings on the Past and Future of the Offshore Supply Chain produced in partnership with S&P Global, we explore more on the contract risk mitigation measures taken by different Oil & Gas production companies, FPSO Contractors and EPCs to navigate around the challenges of the industry.
Check out the highlights of the exciting things that happened in FPSO World Congress 2024! Attended by over 400+ delegates, the stage explored key issues around ESG and sustainability practices in evolving FPSO projects and streamlining operations. Alongside the congress, World Offshore Week returned for the 2nd edition and we welcomed over 2000+ attendees across both days of the event! Download our post show report to see what went on during the event!
We've compiled a list of confirmed participants for the FPSO World Congress 2024.
This includes all participating companies and job functions who will be in attendance.
Download the full list to see who you can rub shoulders with at the conference!
FPSO Network has put together an essential easy-to-digest guidebook to some of the biggest FPSO contractors. Understand more about their strengths and benefits, operational track records, execution models, and get in touch with their unique insights on the potentials of the industry
As the world continues its recovery from the effects laid down by the pandemic, there is an increase in demand for energy and projects across the Oil & Gas sector. Consequentially, more than 50 FPSO projects has been planned to take place within the next 5 years.
FPSO Network has put together an overview of the ongoing projects in the world as well as the upcoming projects that have been planned. Understand more about each region’s activities and the potential of the oil & gas industry.
Explore the Projects that are currently ongoing in EMEA, Africa, and South America!
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.
Twenty-five years ago, we launched FPSO World Congress to connect the offshore oil & gas industry together. Our aim was to bring together key stakeholders involved in FSO / FPSO / FLNG / FSRU projects around the world. Since then, the congress has established itself as the bridge between floating vessel operators, oil & gas producers, and offshore solution providers as we welcomed over thousands of delegates from countries all over the world. It is an enormous privilege to reach this milestone – and we haven’t done it alone.
FPSO World Congress is what it is today because of our community: our network, our partners, and most importantly, all our supportive partners and delegates like yourself who challenge us to keep innovating. As we are celebrating our 25th anniversary this year, we are also celebrating 25 years of your commitment and support. It’s a cycle that has repeated itself at FPSO World Congress over the last decade. Be it exploring engineering practices, refining remote and digital operations, or shaping the future of alternative energy — each chapter of our story has been co-authored by you