Oil & Gas News

The discovery of the Magnus oilfield in 1974 catalysed a major leap for subsea controls systems. At the time, producing from satellite wells just a mere 5km away was the limit of what could be practically achieved with direct hydraulic controls.

As energy companies continue to access new geographies and resources, it is expected the majority of upcoming FPSO projects will be for the South American and African markets. Mammoet explores how ports and yards in these regions can ensure they are in the best position to serve this growing demand.

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