FPSO Boom to Challenge Supply Chain

Surging numbers of orders for floating production, storage and offloading vessels (FPSO) may already be straining the supply chain, including shipyards in Asia, a report out of the United States suggests.

Around two dozen FPSO contracts are about to enter “decision gate”, and final investment decisions (FID) on these could yield more contracts than the supply chain can fill. World Energy Reports’ July FPSO paper suggests those 24 or so tenders are due to produce contract awards over the next 18 to 24 months.

Continue reading

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.