FPSO

Through our strategic partners, we are able to provide floating production storage and offloading (FPSO) units. These are vessels (either a converted oil tanker or new-build) that are used for receiving hydrocarbons sourced from oil fields. The hydrocarbons received into the FPSO are processed into crude oil and stored on-board the vessel, and is later offloaded into an oil tanker or a pipeline. Gas that is extracted and processed on board the FPSO can be used for power generation, re-injected or exported to shore. The FPSO is a technical and cost-effective solution for application in locations which are remote or do not have the required processing and production infrastructure. It eliminates the need to install large fixed oil production platforms or to lay expensive long-distance seabed pipelines from oil fields to a receiving terminal. In a more benign ocean environment, the FPSO will be spread moored. In areas where natural hazards such as typhoons, cyclones or icebergs are prevalent, an FPSO may have a fixed internal turret or fixed external turret or with an unique technology in place which will release the mooring and riser system and move away to safety during an emergency.

Essential FPSO Operations focus areas:

1. Operating Safely:
   Promote healthy workflows and mitigate significant workplace health risk.
2. Environmental Stewardship:
   Continually improving environmental performance and reducing impacts from operations.
3. Asset Integrity Management System ("AIMS"):
   Operating and maintaining facilities to ensure asset integrity and prevent incidents. Implementations of AIMS to ensure the assets are performing its required function effectively whilst safeguarding life and environment.
4. Operation Efficiency:
   Maximizing efficiency of operations and conserving natural resources.