SBM Offshore orders first Fast4Ward FPSO hull

World’s largest FPSO provider SBM Offshore is pressing forward with its Fast4Ward program.

The program has been designed to standardize the FPSO construction and delivery process, thus reducing cost and speeding up the time to the market.

SBM Offshore, whose FPSO fleet produces around 10 percent of global deepwater production, promises the program can make its clients deep water project returns more attractive in today’s oil price environment.

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