(EnergyAsia, February 20 2014, Thursday) — Oil and gas companies are projected to boost their investment in floating production systems (FPS) to US$99 billion between 2014 and 2018, said UK consultant Douglas Westwood. This sum represents a 138% increase over the preceding five-year period, according to the consultant’s latest World Floating Production Market Report. “FPSOs…
UPSTREAM: Investments in floating production systems to rise 138% to US$99 billion over next five-year period, says UK consultant
Posted on February 20, 2014 by EnergyAsia