Potential Upcoming FPSO Project Awards
While the low oil price has put the brakes on many FPSO projects, some developments are still moving ahead. Without gazing too far into our crystal ball, between 2-4 FPSO awards can be expected in the latter quarter of 2016. This map represents the projects most likely to be awarded globally between 2016-2018. This is not to suggest that all of these projects will be awarded, nor that no other projects could be awarded within this period, but rather to provide an overview of the road ahead for the FPSO industry and where the opportunity may lie.
Data courtesy of EMA.
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