NYK: Oil Production Starts at Third FPSO Unit
venture has a 20-year time charter contract with Petroleo Brasileiro S.A. (Petrobras) to operate the FSPO. NYK will aim to further advance its expertise in the FPSO business by dispatching technical staff to this project as well as FPSO Cidade de Paraty. Outline of FPSO Oil processing capacity 150,000 barrels of oil per day Gas processing capacity 6 million cubic meters per day Oil storage capacity 1.6 million barrels Water injection capabilities 200,000 barrels per day Mooring type  
Offshore Brazil: Production Starts at FPSO Unit
; In accordance with its “More Than Shipping 2018” medium-term management plan, NYK will continue to make use of its extensive technical know-how to expand and develop its business in the offshore industry, which is expected to grow remarkably. - Outline of FPSO Oil processing capacity 150,000 barrels of oil per day Gas processing capacity 6 million cubic meters per day Oil storage capacity 1.6 million barrels Water injection capabilities 200,000 barrels per day Moori
FPSO Charter Bussiness for Offshore Brazil Oil Fields
from Macaé, State of Rio de Janeiro in the southeast coast of Brazil. FPSO will be moored in 765 meters water depth in the fourth quarter of 2017. The Project is the fourth occasion under which the Companies havecollaborated to operate FPSOs in Brazil. Outline of the FPSO Oil processing capacity 150,000 barrels per day Gas processing capacity 176 million cubic feet per day Oil storage capacity 1,600,000 barrels Mooring type Spread mooring (at a depth of 765 meters) Shareholders of MV29 MODEC, Inc
N'Goma FPSO Producing & On Hire
Angola after concluding eight years of operations. SBM Offshore converted FPSO Xikomba, renaming it N'Goma FPSO, at the Keppel shipyard in Singapore before the vessel set sail for the Paenal yard in Angola where it completed the final scope of work on time. The vessel has 100,000 bpd of oil processing capacity, 115 mmscf/d of gas handling capacity and water injection capacity of 120,000 bpd.  
FPSO Operation Increased 84% in Past Decade
past decade The FPSO industry continues to see advances in processing capacity as well as sheer numbers of units. In mid-2003 there were 83 FPSOs in operation. This figure has now grown to 153 units, excluding available FPSOs and a few small units used for well testing. In the past 10 years, oil processing capacity on these FPSOs has grown from 6.1 million b/d to over 13.7 million b/d. Not only are there more FPSOs installed, but their oil processing capacity has increased – from an average of 74,000 b/d to 90,000 b/d during the past decade. However, could recent deferrals indicate deeper