FPSO:

Floating Production, Storage and Offloading (FPSO) is defined as a floating vessel used by the offshore industry for the processing and storage of oil and gas. A FPSO vessel is designed to receive oil or gas produced from nearby platforms or subsea template, process it, and store it until oil or gas can be offloaded onto a tanker or transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil and gas.


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A glossary of keywords, acronyms and general terminology used in day-to-day professional work, Oil and Gas. If you would like to add to, edit or comment on this page, please drop us a line at info@oilandgasiq.com



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