|The recovery of the offshore market that began in Q4 2016 continues. Many companies are starting to lock-in record low rates for both production and exploration drilling. The oil prices are expected to remain low. However there are a number of viable offshore projects today as a result of lower supply chain costs and revised development plans. It is anticipated near 30 potential project awards will be made within next 12 months.
Albion Marine Solutions support our customers through the entire FSO/FPSO/FSU conversion project life cycle: Business Case development, Tendering, Planning, Procurement, Engineering, Construction, Commissioning and Installation.
|Our team has a proven track record of the successful completion of offshore projects. This is achieved through the robust EPCM life-cycle framework: