Global ‘boom’ in FPSO market fuelled by Brazilian demand
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to Rystad Energy.
Rystad Enegry
Saudi Arabia and allies can replace lost Iranian oil, Rystad says
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day from the market.