EuropeGreater ChinaOffshoreShipyards

SBM Offshore places FPSO order at Waigaoqiao Shipbuilding

FPSO operator SBM Offshore has entered into a contract with Waigaoqiao Shipbuilding for the construction of an FPSO hull.

The FPSO will adopt SBM Offshore’s Fast4Ward design, and will have a storage capacity of 2.3m barrels of crude oil. Delivery is expected in the second half of 2024.

The contract follows SBM Offshore being awarded a letter of intent by Petrobras for a 26.25 year lease and operate contract for an FPSO to be deployed at the Búzios field in the Santos Basin.

Waigaoqiao has previously delivered two FPSO hulls to SBM Offshore, and has another one currently under construction at the yard.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button