Adaptation: The (r)evolution of FPSO development ///
Nature is full of countless examples of adaptation, from the long neck of the giraffe to the natural camouflage of a chameleon. Adaptation, loosely defined, is the ability to become better suited to an environment. In nature, it is a condition of survival.
The world of oil and gas production, specifically FPSOs, is in a transitional state. Increases in deepwater exploration and drilling over the past six-plus years have resulted in a large number of new discoveries, which will now require development solutions. Market forecasts1 suggest that there are more than 200 offshore oil and gas projects in the planning and study phases, which will require floating production solutions. The majority of these will likely be FPSOs.
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