FPSO Market Analysis by Type (Converted, New-Build, and Redeployed), by Water Depth (Shallow Water, Deepwater, and Ultra-Deepwater) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast by 2021
A floating, production, storage and offloading (FPSO) vessel are a type of floating production system used for offshore production, storage and offloading of oil and gas. Generally, a FPSO vessel is a converted oil tanker, or a newly constructed FPSO unit. A FPSO is often similar in appearance to a ship, equipped with production and processing facilities onboard. Furthermore, FPSOs consist of offloading facilities for the purpose of transporting processed oil and gas to onshore receiving facilities through a shuttle...
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