Coronavirus outbreak could slow down offshore projects by delaying work on FPSOs

Offshore oil and gas development may suffer setbacks because of the coronavirus outbreak in China, Rystad Energy said in a note dated February 28. It explained that problems could arise because of the increasing popularity of floating production, storage, and off-loading (FPSO) vessels among offshore operators – and because of the spread of the virus beyond China’s borders.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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