Page 2: of Offshore Engineer Magazine (Jan/Feb 2021)

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JANUARY/FEBRUARY 2021

WWW.OEDIGITAL.COM

VOL. 46 / NO. 1

FEATURES 18

Source: © Igor Kardasov/AdobeStock 18

FPSOs: Analyzing their Future

COVID-19 will continue to skew the ?oating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account for more than 60% of the FPSO contracts awarded between 2021 and 2025.

By Jim McCaul, World Energy Reports/IMA on the cover: Source: Photo By Simon Peter/Adobe Stock 2 OFFSHORE ENGINEER OEDIGITAL.COM