Global Floating Production, Storage, and Offloading Market 2018-2025: MODEC, Inc, BW Offshore, SBM Offshore N.V
FPSO stands for Floating Production, Storage, and Offloading. An FPSO vessel is a type of floating production system that is used for the offshore production, storage, and offloading of oil and gas. Usually, it is a vessel that is a converted oil tanker or a newly constructed FPSO unit. An FPSO often resembles a ship, equipped with production and processing facilities onboard. FPSOs comprise offloading facilities for the transportation of processed oil and gas to onshore receiving facilities through a...
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