Record number of FPSO leases on course for expiry in 2022, Westwood Global says
Record number of FPSO leases on course for expiry in 2022, Westwood Global says
As many as 30 FPSO units could be back on the shelf by the end of next year, according to new analysis from Westwood Global Energy Group.
The energy research and consultancy firm said the number of FPSO leases set to expire in 2022 is significantly higher than the yearly average of three since 2015.
If no contract extensions are agreed on current leased FPSOs, 14 additional units would become available next year.
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