How can the FPSO Industry change to optimise cost and collaboration?

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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?

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