The floating production system market will this year start to put the nadir of 2016 behind it, with Latin America to get a sizeable chunk of the units and capital expenditure over the next five years, according to an analyst report.
Floating production, storage and offloading units will make up the largest share of floaters to start up globally from 2017 to 2021, analysis firm Douglas-Westwood said in its latest report on the segment.
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