2ND OFFSHORE BRAZIL & FPSO BRAZIL SUMMIT & EXHIBITION 2020

Dec. 8-11, Rio de Janeiro, Brazil

2020 could be a good year for the floating production storage and offloading (FPSO) vessel market as the ongoing upswing in newly sanctioned FPSO projects points to a brighter future for the FPSO market, according to Rystad Energy.

Much of the demand coming from South America as South America leads market demand with 12 authorized FPSO projects scheduled by the end of 2020, tally to more than one-third of the awards anticipated globally. As is expected, Brazil has 21 planned and announced additions by 2025.

The opportunities and challenges coexist in this Continents, with regard to deepwater & FPSO Industry.


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