The South American region is the global leader in the floating production, storage and offloading (FPSO) segment, both in terms of active platforms and future projects. There will be an average of four FPSOs commencing operations in the region annually over the next five years, driven by developments in Brazil and Guyana, accounting for about 42% of the total global projects involving this type of platform. More than 80% of South American projects that will start operations between 2024 and 2028 are in Brazil, mainly operated by Petrobras.

Download the Report to find out more about FPSO Projects in South America. Join the Upcoming FPSO Brazil Congress 2024 happening on 21 - 24 May as we explore project fundamentals with South America's Oil & Gas leaders.