Domestically Built FPSO Launched in Shanghai

Monday, December 11, 2006
China's first-ever homemade 300,000 tonnage FPSO (floating production storage and offloading) vessel was successfully launched on Dec. 8 in Shanghai. The vessel, produced by Shanghai Waigaoqiao Shipbuilding Co. Ltd., involves a contract value of US$240 million, said to be approximately equivalent to the cost of a giant Airbus A380 airliner. Capable of processing 190,000 barrels of oil per day and storing 2 million tons of oil, the vessel will be used by American oil company ConocoPhillips' phase II oil development in Penglai 19-3, a heavy- crude field in the Bohai Sea. Penglai 19-3 is a joint development project between ConocoPhillips and Chinese offshore oil producer CNOOC. The FPSO vessel is a part of the cooperation project. Source: Xinhua
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

USCG Respopnds to Sunken Vessel Near Sitka, Alaska

The Coast Guard is responding to the sinking of a fishing vessel in Kelp Bay near Sitka Friday. Coast Guard personnel from Sector Juneau, the Coast Guard

Next LCS to be Named USS Minneapolis/St. Paul

Secretary of the Navy Ray Mabus announced today that the next Freedom-variant littoral combat ship will be named USS Minneapolis/St. Paul (LCS 21). The future Minneapolis/St.

Hapag-Lloyd Adds 6,000 Reefer Containers

In order to profit from the growing reefer markets in South America and Asia, Hapag-Lloyd has ordered 6,000 cutting-edge reefer containers – more than ever before in the company’s history.

 
 
Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3986 sec (3 req/sec)