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March 2018 Monthly Floating Production Systems Report

March 2018 Monthly Floating Production Systems Report

In the March 2018 WER report we revisit the five year forecast of production floater orders made last October. As detailed in the March report, some of the assumptions underlying the forecast have been impacted – mostly positively -- by developments over the past six months. They include a strengthening global economy, oil market rebalancing, uptick in crude pricing, signs of a revival in deepwater E&P and strong reemergence of Petrobras as a buyer of production floaters.

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Floating Production News

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