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Apr 2019 – 5 yr forecast US$30bn FPSO/FLNG spend

Source: Westwood Global Energy Group, 2019-04-07, accessed: 2020-01-11

Adeosun of Westwood Global Energy Group projects 2019-2024 spend on FPSO/FLNG of US$30 billion projects. That is over and above the US$19 billion awards for 2019 (of which new build FPSO were US$5billion).

Notable builders include: Samsung Heavy Industries (SHI), Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME). Kvaerner (Equinor’s Johan Castberg). Energean’s Karish-Tanin (TechnipFMC main contractor for US$1.36 billion project) subcontracting to COSCO for hull).