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.
Petrofac’s operations business secures $500 million in contracts
Petrofac’s Asset Solutions division has been awarded a number of scope expansions and new...