From 2025-2029, Energy Maritime Associates (EMA) expects orders for 119 Floating Production Systems, with a Capital cost of $126 Billion, in its mid-case forecast. Over 70% of this investment would go towards the 54 FPSOs.
North Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows
The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels...
