Costs and complexity: Timelines challenged as ‘different breed of FPSOs’ emerges

As complexity and tonnage have risen for floating production, storage and offloading vessels, so too have costs - and that is presenting operators with a dilemma over whether to delay sanctioning decisions

One Guyana FPSO.
One Guyana FPSO.Photo: GUYANA DEPARTMENT OF PUBLIC INFORMATION
Published 6 August 2025, 00:54Updated 6 August 2025, 00:54
FPSOSBM OffshoreHanwha OceanWestwood Global Energy GroupAmerican Bureau of Shipping