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Rystad Energy forecasts emerging global FPSO boom

The global FPSO market is headed for a major renaissance, with as many as 24 awards expected by 2020, driven to a great degree by Brazil, but followed by Asia. Operators such as top Asian names Yinson Holdings and Modec are set to benefit from an emerging global boom

South America has 12 sanctioned FPSO projects planned by the end of 2020, with Brazil alone is set to award seven more projects in 2020. This is followed, albeit somewhat distantly, by Asia with four

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