Contracts for floating, production, storage and offloading units are poised to continue a comeback run this year after surging to pre-pandemic levels in 2021, according to analysts at Rystad Energy.
It said in a report that 10 new FPSO awards are expected in 2022.
That's the same level of contracting seen last year, when the market for the floating assets neared levels seen before Covid-19 slammed the oil and gas market.
