Surging oil prices could see demand dwarf supply in the offshore supply sector in the next few years, according to Aker Floating Production.
Many newbuildings ordered speculatively could also never hit the water while consolidation in the floating production storage & offloading (FPSO) trade will shrink the pool of companies vying for business.
The Norwegian owner’s positive soundings on the market going forward were set against the backdrop of a fourth-quarter loss caused by a mystery impairment charge which the company refused to discuss.
“The
