Globally 71 FPSOs are expected to start operations by 2025. South America will continue to lead globally with planned deployment of 31 FPSOs, followed by Africa and Europe with 16 and seven FPSOs, respectively by 2025.
Among countries, Brazil continues to dominate in terms of deployment of planned and announced FPSOs, followed by Australia, Angola and Nigeria. Petrobras, Modec Inc, Premier Oil and Equinor are expected to be the key global operators for deployment of planned FPSOs by 2025.
Source: Industry Today