The Euronav/OSG contract consists of offloading systems for two Floating Storage and Offloading Units (FSOs). The contract with MODEC is for two offloading systems for a Floating Production and ...

Her expertise is in personal finance and investing, and real estate. Floating production storage and offloading (FPSO) refers to a floating vessel located near an offshore oil field, where oil is ...

Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of ...