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FPS Activity Remains Strong Despite Obstacles - Vimarsana News

FPS Activity Remains Strong Despite Obstacles

Floating production systems remain in demand, despite concerns about keeping up with demand, financial pressures and reservations that activity could drop off over the long term.

Fast-Build FLNG Projects Seen Meeting Global Push to Secure Energy Supplies - Vimarsana News

Fast-Build FLNG Projects Seen Meeting Global Push to Secure Energy Supplies

Investments in floating liquefied natural gas (FLNG) production terminals are poised to increase sharply in the next four years, driven by Europe’s need

Westwood Expects Boom in FLNG Development Amid Global Push to Secure Energy Supplies - Vimarsana News

Westwood Expects Boom in FLNG Development Amid Global Push to Secure Energy Supplies

Investments in floating liquefied natural gas (FLNG) production terminals are poised to increase sharply in the next four years, driven by Europe’s need

Oil Prices to Climb, 16 FPUs Expected to Reach Sanction in 2023 - Vimarsana News

Oil Prices to Climb, 16 FPUs Expected to Reach Sanction in 2023

2022 saw a 10-year record number of offshore floating production units sanctioned, with more expected in the coming year.

Offshore Rig Market on the Rise - Vimarsana News

Offshore Rig Market on the Rise

Globally the offshore rig market is going back to pre-pandemic numbers, with the drillship market increasing by 23% and the jackup market increasing by 6%, according to Westwood energy experts.