Some 80 FPSO projects identified world-wide for award in period 2008-2012; High near-term demand for FPSOs (>30 projects within 12 months); Additional projects to materialize by small oil companies with less visibility than the majors; Increasing demand for harsh environment FPSO's; There is sufficient near-term demand to employ all existing harsh environment units; High long-term potential as oil companies have committed to the most extensive deepwater drilling program ever over the next 3 years.
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