Coupled with the fast depletion of oil reserves and accelerated decline of oil field potential due to the lack of maintenance, oil price stability has given oil companies the confidence to move forward with projects. The good news is, cookie-cutter projects are pushing ahead; however within the North Sea, European and West African region, there are many smaller, independent oil fields with great potential that are struggling to get sanctioned.
Back in its 5th year, the FPSO Europe Congress 2019 will therefore shine a spotlight on revitalising oil fields through effective project execution and operations.
Export Credit Norway will participate at the annual FPSO Europe Congress, and you are welcome to contact us if you want to arrange a meeting.
Energy and Industry