With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be within its target domain, as rising global energy demand, especially within the oil and gas arena, continues to loosen the purse strings, paving the way for smooth FPSO project financing.
The post SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts appeared first on Offshore Energy.