Vital Statistics – FPSOs In 2013
Floating Production, Storage and Offloading (FPSO) is defined as a floating vessel used by the offshore industry for the processing and storage of oil and gas. A FPSO vessel is designed to receive oil or gas produced from nearby platforms or subsea template, process it, and store it until oil or gas can be offloaded onto a tanker or 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...
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