Rystad forecasts 20 FPSO awards for 2021 and 2022

awards rystad fpso brazil including
Gulf
  • Date: 01-Jul-2021
  • Source: Energy Voice
  • Sector: Oil & Gas
  • Country: Gulf
  • Who else needs to know?

Rystad forecasts 20 FPSO awards for 2021 and 2022

A total of 20 FPSO awards are expected to be made in 2021 and 2022, bringing a boost to fabrication yards, according ot new analysis from Rystad Energy.

The market is back to “booming” and set to double fabricators’ pipelines of work, the consultancy said.

In 2021, 10 awards are expected to be made, more than triple that of 2020, including Mero 4 and Parque das Baleias in Brazil, Limbayong in Malaysia and Liuhua 11-1 in China.

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