Global Floating Production Storage And Offloading Vessels (FPSO)

Global Floating Production Storage And Offloading Vessels (FPSO)



Introduction

  • A floating production, storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the processing of hydrocarbons and for storage of oil.
  • An FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline.
  • FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker or can be a vessel built specially for the application.
  • A vessel used only to store oil (without processing it) is referred to as a floating storage and offloading vessel (FSO).


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