Welligence Global FPSO Outlook | Delivering the next wave of FPSOs – Are supply constraints becoming a concern?

May 22, 2023/Ruaraidh Montgomery

After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for new FPSOs is picking up. We estimate FPSO projects with a combined contract value of over US$50 billion could be sanctioned before the end of the decade.