FPSO Market to Hit US$25.10 Billion by 2031: Key Drivers Behind a 6.9% CAGR
The Floating Production, Storage and Offloading (FPSO) industry plays a vital role in offshore oil and gas development by offering a versatile and economical method for producing hydrocarbons in deepwater and isolated fields where pipeline connections are not feasible. FPSOs are vessel-based facilities designed to process hydrocarbons onboard, store crude oil, and transfer it to shuttle...
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