FPSO: Why Costs Go Out Of Control & Projecting The Bottom Line

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With FPSOs only increasing in popularity as field development solutions, it’s absolutely critical that all players in the sector are fully aware of the major reasons why costs overrun throughout the project from design to operation. This presentation will share with you how the key decisions made during the design phase of the FPSO project development can have major ramifications, and help you:

  • Understand the most common reasons why costs escalate, and take action to avoid these factors
  • Develop a comprehensive risk management programme that can be applied throughout the project process to manage these risks
  • Allocate risk where it can most easily be dealt with in the project


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David Boggs Managing Director Energy Martime Associates