Between 2020 and 2025, 18 planned and announced FPSO projects are expected to be deployed offshore Brazil, according to GlobalData.
(Source: GlobalData)
Between 2020 and 2025, 18 planned and announced FPSO projects are expected to be deployed offshore Brazil, according to GlobalData. Eight are planned with identified development plans while nine are early-stage announced FPSOs that are undergoing conceptual studies and may be approved for development. Petrobras leads the operators’ list with seven FPSOs. The UK is the second highest country globally with five upcoming FPSOs by 2025. Four of the upcoming FPSOs in the country are announced FPSOs. Australia, Guyana, and Angola follow next with the deployment of three FPSOs each. The top five countries are expected to contribute more than three-quarters of global crude production capacity through FPSOs by 2025, the data and analytics company claimed.
