🌍 Eni leads offshore innovation: 12 FPSO and FLNG units in a decade of global expansion

Coral FLNG offshore Mozambique. Source: eni.com

Among the major international oil companies, Eni stands out as the most active operator in the field of floating production and liquefaction units (FPSO and FLNG) between 2015 and 2025. According to an analysis of global projects, Eni – including its affiliates Var Energi and Azule – has commissioned 12 units, clearly surpassing its competitors.

Unlike other majors, Eni has distributed its projects across various geographical areas, demonstrating a balanced and consistent expansion strategy. Its units have been built in shipyards in China, South Korea, and other countries, with operations ranging from Africa to Asia and Latin America.

⚙️ Technological leadership in FLNG

Eni also confirms itself as the absolute leader in FLNG technology, with 4 total projects:

• 3 operational units

• 1 under development

Following Eni is Petronas, with 3 FLNG units, positioning it as the second most active player in this highly technological segment.

All other international oil companies have at most one FLNG unit each:

• Shell: 1

• BP: 1

• YPF: 1

• Genting Oil: 1

• Cedar: 1

• Delfin: 1

This highlights how Eni, along with Petronas, is leading the adoption and development of FLNG technology globally, with a consistent and diversified presence.

🇬🇾 Exxon: a strategy focused on Guyana

In second place by number of projects is Exxon, with 6 units, all concentrated in the Guyana region. This approach reflects a targeted strategy focused on the enormous potential of the offshore Guyanese basin, where Exxon has discovered and developed numerous fields in recent years.

📊 Ranking of the most active companies (2015–2025)

📈 Key Observations:

• Peaks in activity are observed in years like 2018, 2022, and 2025, suggesting cycles of investment or the completion of major programs.

• The years 2020–2021 show a decline, likely linked to the impact of the global pandemic.

• 2025 is shaping up to be a very active year, with numerous projects either being completed or launched.