Hyundai Heavy Industries (HHI) to build a US$ 1.9-billion order Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy is to carry out engineering, procurement, and construction for the floating offshore facility to be deployed in the Rosebank oil & gas field, 175 km northwest of the Shetland Islands. The 99,750-tonne turret moored FPSO is scheduled to be handed over by the end of November 2016. It will be able to produce 100,000 barrels of oil and 190 million standard cubic feet of natural gas per day.