Sponsor content from FPSO Americas Congress

FPSO Playbook: What oil companies need to know

The FPSO market is poised to top $66 billion by 2026. Determining how, where and when to incorporate these assets into your operation begins by understanding their potential.

Sponsor content from FPSO Americas Congress
Published:
9 Oct 2018 19:08 GMT

The sharp plunge in energy prices that unfolded at the end of 2014 had a swift, dramatic effect on oil and gas companies across the globe. Most curtailed investments and expenditures, and quickly adopted conservative strategies for the near future.

While the market has stabilized and the mood across much of the industry is improving, uncertainty remains. To capitalize on the recent momentum seen in the Americas, and other regions, energy companies must continue to identify -and leverage- more cost-effective extraction methods.

This is, in part, why we’re starting to see a surge in orders for floating production, storage and offloading units (FPSOs), and increased utilization in the US and other markets where flexibility and sustainability are considered necessities.

If you’re anxious to capitalize on rising demand for FPSOs, or keen to understand what the hype is all about, The Oil Company Playbook for FPSO: What You Need to Know is the perfect primer for you. Areas of focus include:

Recent Market Developments

FPSOs are quickly becoming and integral element of the oil and gas industry in the Americas and other regions, like Africa and Europe

Commercial Benefits of FPSOs

Reduced CAPEX and OPEX costs; rapid asset positioning and redeployment

Forecast for 2018 and Beyond

In 2017 the global FPSO market was valued at $25 billion; today it’s projected to top $66 billion by 2026

Check out the The Oil Company Playbook for FPSO: What You Need to Know to learn more about these topics, and others. Join us for an even deeper dive during the FPSO Americas Congress 2018 conference in Houston, Texas on the 28 th and 29 th of November 2018.