World's largest FPSO is completed at HHI's H-dock

Hyundai Heavy Industries has finished construction on the worlds largest floating oil production, storage and offloading (FPSO) unit. The US$1.7 billion vessel is 320 meter long, with a width of 61 meter wide and a depth of 32 meter; it can store up to two million barrels of crude oil. It will be moored in 750 meter (2,461 ft.) of water at EPNL-operated Usan field offshore Nigeria.

The vessel was built at HHI's H-dock, which is wider and deeper than normal shipbuilding dry docks and equipped with two 1,600 ton (1,451 metric ton) Goliath-class cranes. HHI says it can build an FPSO hull side four weeks faster than normal and also cut production costs by 15 per cent.

Source: Tanker shipping & trade dated December/January 2011