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You are here: Home → Archive → 2009 → December → Weekly Edition 10th December 2009 → Laid-up FPSOs at record high after year of contract drought

Laid-up FPSOs at record high after year of contract drought

by Martyn Wingrove — last modified Dec 10, 2009 02:29 PM

Demand has collapsed since fields stopped producing, reports Martyn Wingrove


MORE floating production storage and offloading (FPSO) vessels than ever are laid up because of a year’s hiatus in new contract awards at a time when a growing number of fields have stopped producing.
Up to 11 FPSOs and...

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