Why China is Setting Sail for Success in the FPSO Market

Why China is Setting Sail for Success in the FPSO Market

China is increasingly becoming a behemoth player in the international FPSO market. Signs point towards it taking precedence in the global market due to its development of expertise and production advancement.

In this report we spoke with David Boggs, founder and Managing Director of market intelligence firm Energy Maritime Associates on the rise of the FPSO China market. 

Boggs discusses the gradual build up of expertise in the shipyards and the move towards working with an international market. He also shares the top advantages to executing a project in China along with those that have been successful and what the future holds. 

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