Brazil in pole place to lead FPSO contracting spree

South American nation has potential for close to half the global demand

Future demand: the Cidade de Mangaratiba FPSO is one of Modec's 10 units operating off Brazil — Future demand: the Cidade de Mangaratiba FPSO is one of Modec's 10 units operating off BrazilPhoto: MODEC

Fabio Palmigiani

Rio de Janeiro

Brazil Petrobras SBM Offshore Modec Teekay Offshore

Published 13 February 2020, 09:06Updated 15 February 2020, 12:45