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Floating Production Systems Market Analysis Reveals Offshore Infrastructure BoomThe global floating production systems (FPS) market is undergoing a transformative phase, reshaping offshore energy production across the world’s oceans. In 2024, the market was valued at USD 50.33 billion, and it is projected to expand to USD 55.44 billion in 2025, reaching USD 117.63 billion by 2032. This growth represents a compelling CAGR of...0 Comments 0 Shares 910 Views
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Understanding Offshore Production: Why it Vital and How Simulations Used in itOffshore production, the extraction of valuable resources from beneath the ocean floor, has become a cornerstone of global energy supply. This practice, once confined to shallow waters, has expanded into deeper, more challenging environments thanks to technological advancements. However, the industry faces significant environmental challenges and must balance resource extraction with...0 Comments 0 Shares 4K Views
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