Floating Production Storage and Offloading Market to Hit USD 24.36 Billion by 2030
Berlinhopkin12 Aug, 2022Other
The capability to float production storage and offloading to operate without a fixed structure is expected to expand demand for the floating production storage and offloading (FPSO) market during the projection period. The factors such as the increasing crude oil prices, the rising trend of ultra-deep water oil & gas production & exploration, the raised focus on offshore production & exploration activities are the driving factors of the market growth.
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