Current News
Full impact of the financial crisis on the FPSO sector yet to be felt
Press Release Jun 27, 2012 13:44 SGT
Oil & Gas iQ and the FPSO Network, have co – researched a study with 158 companies in the FPSO sector, who are willing to share their thoughts on the trends in the floating, production, storage and offloading sector.
With the FPSO sector growing at a phenomenal rate, Bumi Armada and SBM Offshore are shelling out close to $170 million upgrade its current FPSOs.
What's driving oil demand and how is the future of the FPSO sector shaping up? This forecast analyses and predicts the future trends that will happen in the global FPSO sector.







