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  2. FSO Safer - Wikipedia

    en.wikipedia.org/wiki/FSO_Safer

    15.5 knots (28.7 km/h) FSO Safer (pronounced "saffer" / ˈsæfər /) [1] is a floating oil storage and offloading vessel that is moored in the Red Sea north of the Yemeni city of Al Hudaydah. Prior to being emptied, the ship held more than 1.14 million barrels of oil. Its structure has been left exposed to humidity and corrosion with little or ...

  3. Floating production storage and offloading - Wikipedia

    en.wikipedia.org/wiki/Floating_production...

    Hæwene Brim FPSO. 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 ...

  4. Oil tanker - Wikipedia

    en.wikipedia.org/wiki/Oil_tanker

    Floating storage and offloading units (FSO) are used worldwide by the offshore oil industry to receive oil from nearby platforms and store it until it can be offloaded onto oil tankers. [112] A similar system, the floating production storage and offloading unit (FPSO), has the ability to process the product while it is on board. [ 112 ]

  5. Storage tank - Wikipedia

    en.wikipedia.org/wiki/Storage_tank

    Storage tank. Storage tanks are containers that hold liquids or compressed gases. The term can be used for reservoirs (artificial lakes and ponds), and for manufactured containers. The usage of the word "tank" for reservoirs is uncommon in American English but is moderately common in British English. In other countries, the term tends to refer ...

  6. TI-class supertanker - Wikipedia

    en.wikipedia.org/wiki/TI-class_supertanker

    TI-class supertanker. Hellespont Tara (later TI Europe) in the Netherlands on June 24, 2005. The TI class of supertankers comprises the ships TI Africa, TI Asia, TI Europe and TI Oceania (all names as of July 2004), where the "TI" refers to the ULCC tanker pool operator Tankers International. The class were the first ULCCs (ultra-large crude ...

  7. A salvage team is set to begin siphoning oil out of rusting ...

    www.aol.com/news/salvage-team-set-begin...

    The rusting tanker is a Japanese-made vessel built in the 1970s and sold to the Yemeni government in the 1980s to store up to 3 million barrels of export oil pumped from fields in Marib, a ...

  8. Tanker (ship) - Wikipedia

    en.wikipedia.org/wiki/Tanker_(ship)

    A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker (or petroleum tanker), the chemical tanker, cargo ships, and a gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift ...

  9. Oil-storage trade - Wikipedia

    en.wikipedia.org/wiki/Oil-storage_trade

    Oil-storage trade. The oil-storage trade, also referred to as contango, is a market strategy in which large, often vertically-integrated oil companies purchase oil for immediate delivery and storage—when the price of oil is low— and hold it in storage until the price of oil increases. [1] Investors bet on the future of oil prices through a ...

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