How can the FPSO Industry change to optimise cost and collaboration?
The oil and gas industry is facing one of the biggest challenges for decades, after the price of oil has halved since a year ago. In September this year, Royal Dutch Shell chief executive Ben van Beurden told the BBC that a recovery in the price of oil is hard to foresee.1In the same period, Goldman Sachs forecasted average prices of oil in 2016 to be $45 per barrel but also warned the growing risk of a collapse to $20.2If the current low oil price environment persists, FPSO awards will be dramatically lower as well. So how can the FPSO industry change and adapt to optimize cost and collaboration?
Or if you're already a FPSO Network member, sign in below to download. Sign In Join