FPSO Europe Congress 2022
"..Already, 8 planned FPSO projects are developing in Europe in the next 11 years. Unique to Europe’s oil reserves are smaller fields and shorter project lifespan, which spell lower break-even prices at only approximately $35/bbl for oil companies to ensure project profitability. With oil prices stabilising at around $60/bbl, Europe is well-poised for steady growth.."