What is an FPSO? What are the Key FPSO Projects and Companies?
In the offshore oil and gas industry, FPSO means a Floating, Production, Storage, and Offloading vessel. An FPSO is equipped with processing equipment that helps separate, store, and offload crude oil and gas extracted from subsea oil wells or platforms. An FPSO is the most commonly used floating system for offshore projects. As a floating facility, an FPSO optimizes offshore installation?s benefits and subsea wells? potential.
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