Marine Technology Reporter Blogs - storage

Petrobras will launch a world first floating offshore oil terminal in order to be able to transfer oil to oil tankers offshore, beginning in 2014. Up until now the oil had to be transported through pipelines from the offshore rigs to the coast where tankers would load up the oil. It is expected that this new system will decrease oil transportation costs as tankers will be relieved from the high Brazilian port taxes, the tankers will also save up on their own bunker oil as the distances they will have to travel will decrease. The new system should be used mainly for export oil and will also probably be a hub for tankers coming to fill up on deepwater pre-salt oil.