Floating Production, Storage and Offloading
A Floating Production, Storage and Offloading vessel (FPSO; also called a “unit” and a “system”) is a type of floating tank system used by the offshore oil and gas industry and designed to take all of the oil or gas produced from a nearby platform (s), process it, and store it until the oil or gas can be offloaded onto waiting tankers, or sent through a pipeline.
A Floating storage and offloading unit is a similar system, but without the possibility to do any processing of the oil or gas.



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