The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based on the research done by Westwood Global Energy, an energy market research and consultancy firm.

FIDs Petrobras Westwood Global Energy Mark Adeosun Research Director Middle East Saudi Aramco SubseaLogix PlatformLogix FPSOs Shell Sparta Seatrium FPSS SURF