FPSO: Floating Production Storage and Offloading Vessels
Monitor Systems Engineering have nearly two decades of experience in the design and manufacture of safety, critical, operational instrumentation and monitoring systems for all offshore rigs including support vessels and FPSO's, Floating Production Storage and Offloading Vessels.
Experience: over the years, Monitor Systems has built a significant reputation providing high quality bespoke and regular engineering solutions for safe and hazardous working areas in the offshore oil and gas industry. Our experience and proven capability in the design and manufacture of instrumentation and monitoring systems is well know throughout the oil and gas industry.
FPSO's, Floating Production Storage and Offloading Vessels are very similar in nature to other offshore vessels like jack-up rigs, semi-submersible rigs and drilling platforms, and they share a similar type of equipment and instrumentation for day to day operations. Monitor Systems have extensive experience working on all of these offshore oil and gas vessels including FPSO's, from detailed equipment survey to the design, manufacture and installation of instrumentation and monitoring systems.
General: A floating production, storage and offloading FPSO unit is a floating vessel used by the offshore oil and gas industry for the processing of hydrocarbons and for storage of oil. An FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSO's Floating Production Storage and Offloading Vessels are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil.
Oil produced from offshore production platforms can be transported to the mainland either by pipeline or by tanker. When a tanker is chosen to transport the oil, it is necessary to accumulate oil in some form of storage tank such that the oil tanker is not continuously occupied during oil production, and is only needed once sufficient oil has been produced to fill the tanker.
Floating production, storage and offloading vessels are particularly effective in remote or deepwater locations where seabed pipelines are not cost effective. FPSOs eliminate the need to lay expensive long-distance pipelines from the processing facility to an onshore terminal. This can provide an economically attractive solution for smaller oil fields which can be exhausted in a few years and do not justify the expense of installing a pipeline. Furthermore, once the field is depleted, the FPSO can be moved to a new location.