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Business Scoop » Global Floating Production Systems Market Projected To Boost At 257Bn And Growing At A CAGR Of 5 99% By 2031

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Floating Production Systems Market | Company Challenges And Essential Success Factors- Shell, Petrobras, Chevron, BP, BW Offshore, etc – KSU

Floating Production Systems Market | Company Challenges And Essential Success Factors- Shell, Petrobras, Chevron, BP, BW Offshore, etc – KSU
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FPSO License Expiry Wave Could Help Marginal Field Operators

A record number of FPSO vessel licenses are set to expire in 2022, according to Westwood Global Energy Group. A record number of floating production, storage, and offloading (FPSO) vessel licenses are set to expire in 2022, according to a new analysis from Westwood Global Energy Group. The market research and consultancy firm’s recent Global Floating Production Systems (FPS) report finds that as many as 30 FPSO units could become available by the end of 2022 as their leases expire – a potential tenfold increase compared to the average of approximately three expirations since 2015. Westwood noted that its FPS report finds that 14 additional units would become available next year under a scenario where no contract extensions are taken on current leased FPSOs.

Mark adeosunWestwood global energy groupWestwood global energyGlobal floating production systemsWestwood senior analyst mark adeosunFourth quarterOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps picturesவெஸ்ட்வுட் உலகளாவிய ஆற்றல் குழுவெஸ்ட்வுட் உலகளாவிய ஆற்றல்நான்காவது காலாண்டுஎண்ணெய் மற்றும் வாயு பெட்ரோலியம் செய்தி நிகழ்வுகள் கதைகள் கட்டுரைகள் பகுப்பாய்வு வர்ணனை தலைப்புச் செய்திகள் ஸ்டாக்ஸ் நிதி பொருட்கள் வரைபடங்கள் படங்கள்

Westwood: Record number of FPSO licenses set to expire in 2022

You are here Westwood: Record number of FPSO licenses set to expire in 2022 Submitted by Anonymous on Wed, 2021-05-19 13:04 19th May 2021 New analysis from Westwood Global Energy Group reveals the number of FPSO leases set to expire in 2022 is significantly higher than the yearly average of ~3 since 2015 New analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals the number of FPSO leases set to expire in 2022 is significantly higher than the yearly average of ~3 since 2015, with the potential of 30 units becoming available by end of 2022. Westwood’s Global Floating Production Systems (FPS) report notes under a scenario where no contract extensions are taken on current leased FPSOs, 14 additional units would become available in 2022. Alternatively, if all available extension options were taken, nine units would come off-contract adding to the 16 units currently awaiting upgrade or redeployment. Of t

Mark adeosunWestwood platformlogixWestwood global energy groupGlobal floating production systemsSenior analystவெஸ்ட்வுட் உலகளாவிய ஆற்றல் குழுமூத்தவர் ஆய்வாளர்