Operators pivot to faster, cheaper converted FPSOs amid yard bottlenecks

Trend could reshape how operators — particularly smaller and independent players — approach field development in coming decade

The Agogo FPSO is now operating offshore Angola with carbon reduction technology.
The Agogo FPSO is now operating offshore Angola with carbon reduction technology.Photo: YINSON PRODUCTION
Published 7 August 2025, 07:25Updated 7 August 2025, 08:08
Rystad EnergyModecYinson ProductionBW OffshoreMcDermott