Global FPSO Market Forecast to 2028 - Growing Advancements in Subsea Technologies & Surging Demand for Natural Gas and Crude Oil - ResearchAndMarkets.com
Furthermore, the rising oil & gas consumption is predicted to encourage the development of oil & gas fields.
- Furthermore, the rising oil & gas consumption is predicted to encourage the development of oil & gas fields.
- A rise in the development of marginal oil reserves in remote offshore areas is anticipated to fuel the market growth.
- The capacity of these units to reduce the cost of oil & gas procurement will expedite their deployment in the future, thereby driving the FPSO market.
- The lockdown negatively impacted the FPSO market in Europe due to disruption in the oil & gas sector across the region.