Pent-up FPSO demand is leading to multiple competing prospects

BW Offshore says market conditions are looking up for FPSO companies

From left, Santos chief executive Kevin Gallagher, BW Offshore chief executive Marco Beenen, and Seatrium chief executive Chris Ong at the naming of the BW Opal FPSO for the Barossa project
From left, Santos chief executive Kevin Gallagher, BW Offshore chief executive Marco Beenen, and Seatrium chief executive Chris Ong at the naming of the BW Opal FPSO for the Barossa projectPhoto: SEATRIUM
Published 2 June 2025, 06:58Updated 2 June 2025, 08:17
NorwayBW OffshoreMarco BeenenEuropeWestern Europe