![]() ![]() However, FSOs can’t process oil and gas, which is where the FPSO comes in.Īs onshore oil discoveries continue to decline, FPSOs will become increasingly more vital for the oil and gas industry. FSOs were used to store extracted hydrocarbons (a mixture of oil, gas and water) and transport it from remote locations such as distant seabeds. ![]() Oil and gas awaiting transport was stored in tankers called floating storage and offload units (FSO). SEE ALSO: Introduction to the Oil and Gas Industry Oil and gas had to be transported to land via a subsea pipeline, which is economically unviable at water depths more than several hundred metres and in instances where the seabed oil and gas fields are hundreds of miles away from the shore. Companies were only able to extract oil and gas from shallow fields, no more than a water depth of 50 metres. Before the time of FPSOs, oil and gas extraction was more difficult and inefficient. The first FPSO was a converted oil tanker, built by Shell in 1977. When oil and gas is processed, it is safely stored in the FPSO until it can be offloaded onto a tanker or a pipeline for transportation ashore. The vessels themselves are equipped with processing equipment for the separation, storage and offloading of oil and gas that comes from sub-sea oil wells or platforms. They are typically employed and leased by oil and gas companies. As its name suggests, an FPSO is a floating vessel that acts as a mobile offshore production and storage facility. These vessels are used extensively by the offshore industry and have become one of the primary methods of oil and gas processing and storage. It stands for floating production storage and offloading (FPSO). At its core, an FPSO facilitates the processing and storage of oil and gas at sea.
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