[SPECIAL REPORT] FPSO Predictions For 2015
Despite the oil price downturn cycle we are currently experiencing, analysts estimate that the floating production, storage and offloading (FPSO) sector is likely to see between $80-$120 billion-worth of investment through 2019.
While that has been rounded down from previous projections of $160 billion over the same time period, it still equates to the GDP of Angola dedicated exclusively to mobile
hydrocarbon production units.
Within industry, everybody has agreed that 2015 will be one of the most challenging years
in recent memory. Now that Q1 is firmly behind us, here are a few predictions that we think will shape the FPSO industry in the next nine months...