Welligence Global FPSO Review | Supply chain pressure continues to hit the FPSO market

April 1, 2025

The FPSO market is witnessing a resurgence in demand. South America remains the industry hotspot, but activity is set to pick up in frontier countries like Namibia.

However, with the costs of a high-spec new-build FPSO now in the US$4 billion range and securing financing for FPSOs now challenging, how are E&Ps and the FPSO contractors adapting to the new environment?