Rigs and Vessels

Investment boom: Floating production market set for $112 billion spending spree

FPSOs will account for 49% of orders and 74% of investment, according to Singapore-based offshore industry research firm

Prosperity: Guyana’s third FPSO will soon produce from the Payara field in the Stabroek block.
Prosperity: Guyana’s third FPSO will soon produce from the Payara field in the Stabroek block.Photo: KEPPEL SHIPYARD
  • Xu Yihe
Singapore
FPSOAfricaSouth AmericaAsia & OceaniaEast Asia
Published 24 April 2023, 09:41Updated 25 April 2023, 15:17