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A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil ...
Website. www.bwoffshore.com. BW Offshore Limited is a global owner and operator of floating production storage and offloading (FPSO) vessels. The company is listed on Oslo Stock Exchange. The company has its headquarters in Singapore and Oslo, Norway but operates internationally. The largest owner is BW Group Limited with 49.3% of the shares.
Seatrium Limited (SGX: S51) is a Singaporean state-owned company. Formed in 2023, from the merger of Sembcorp Marine and Keppel Offshore & Marine, the company is listed on the Singapore Exchange (SGX). Sembcorp Marine was a subsidiary of Sembcorp until 2020, when the companies demerged following Sembcorp Marine's poor financial performance. Its ...
Semi-submersible platform. A semi-submersible platform is a specialised marine vessel used in offshore roles including as offshore drilling rigs, safety vessels, oil production platforms, and heavy lift cranes. They have good ship stability and seakeeping, better than drillships. [1]
The company was the first to offer an integrated oil and gas production service through the investment in a Floating Production Storage and Offloading (FPSO) unit. The lease and operation of FPSOs has become a large component of the company's activity and SBM Offshore now owns and operates the world's largest fleet. [72]
Stored Energy at Sea. The Stored Energy at Sea (StEnSEA) project is a pump storage system designed to store significant quantities of electrical energy offshore. After research and development, it was tested on a model scale in November 2016. It is designed to link in well with offshore wind platforms and their issues caused by electrical ...
The company was founded in 1968 as Keppel Shipyard at the Keppel Harbour situated in Tanjong Pagar before moving its operations to Jurong, where the company focused on offshore and marine activities. Keppel Offshore & Marine was the world's largest oil rig builder [3] before its sale to Sembcorp Marine on 28 February 2023. Keppel Land is the ...
Bumi Armada Berhad is an oilfield services company which provides marine transportation, engineering and maintenance services to the offshore oil and gas industry.It is based in Kuala Lumpur, Malaysia, and has operations in Southeast Asia, South Asia, West Africa, Central Africa, Europe, South America and the Caspian Sea region.