ENVIRONMENT 3: FPSO Decommissioning
FPSO decommissioning is rapidly becoming one of the offshore sector’s most pressing HSSE challenges. The recent entry into force of the Hong Kong Convention on 26 June 2025 introduces mandatory global standards for the safe and environmentally sound recycling of ships and floating units, including FPSOs. At the same time, forecasts indicate that global ship‑recycling capacity may fall short from 2026, tightening access to suitable yards capable of handling large and complex floating assets.
This session will explore what these developments mean for operators planning FPSO end‑of‑life activities: from managing extensive hazardous materials to securing compliant, high‑integrity recycling routes in a tightening global market.

