Posts Tagged ‘purpose-built FPSO’

Dana selects Cosco for $1.5 billion UK Western Isles FPSO

Cosco to build Sevan-designed cylindrical Dana FPSO The UK-based Dana Petroleum (Dana), a subsidiary of the Korea National Oil Corp (KNOC), and its partner Cieco (Itochu Oil Exploration Corp. LTd), awarded to the Chinese Cosco Shipyard Group (Cosco) the engineering, procurement and construction (EPC) contract for its Western Isles Floating Production […]

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Chevron selects new-built Rig and FPSO for $ 6 billion Rosebank

Chevron to award FEED for Rosebank FPSO The Rosebank oil and gas field discovery is located on Blocks 213/26 and 213/27,  in the Faroe-Shetland Channel, 130 km northwest of the Shetland Islands in 1,115 m of water depth on the Corona Ridge near the UK border. Rosebank is considered to be […]

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“FPSO”

Definition FPSO is the acronym of Floating Production Storage and Offloading. A FPSO unit is a floating vessel used in the oil and gas industry to treat the oil and gas and condensates offshore before their transportation to the land by pipeline or shuttle vessels. Comments The FPSO is a multi-functions vessel for […]

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“FSO”

Definition FSO is the acronym of Floating Storage and Offloading used to describe the offshore operation between the oil and gas processing and the export to the shore by pipeline or shuttle tankers. Comments Originally, all the offshore platforms used to sit on the seabed, but as exploration and production moved […]

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