South Korea’s Hyundai Heavy Industries has launched the world’s largest floating production, storage and offloading ship for French giant Total’s Usan field off Nigeria.
HHI said the FPSO, which can refine 160,000 barrels of oil and 5 million cubic metres of gas daily, will sail out for Nigeria at the end of March following trial runs in South Korea.
The FPSO has storage for 2 million barrels of oil. The facility is 320 metres long, 61 metres wide, 32 metres high and weighs 116,000 tons.
HHI has built ten supersize FPSOs, each with 2 million barrels or more storage capacity, for oil giants worldwide since its first FPSO for Petrobras in 1996. Currently the company has a 60% market share in the burgeoning supersize FPSO business, the world’s leading shipbuilder said in a statement.
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