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The Global Floating Production Industry Survey gauges the current market sentiment as well as where the industry is heading in the future. Respondents come from all areas of the industry and from all parts of the globe.
The floating production facility construction market remains a key bright spot in the offshore energy sector.
While industry sentiment is still highly positive, it has dipped from last year's record levels. 2024 project delays have tempered optimism but created opportunities for increased supply chain capacity and lower cost inflation.
Looking ahead, activity levels are set to stay strong from 2025-27, though new orders may face challenges from project economics and geopolitical events.
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