FPSO definition

FPSO means a floating production, storage and offloading system used by the offshore oil and gas industry for the production or processing of hydrocarbons and for storage of hydrocarbons. FSOs and FLNGs are included within this definition. The determination as to whether a particular property constitutes an FPSO shall be at the sole determination of the Underwriter.

FPSO means a floating production, storage and offloading vessel.

FPSO means floating production, storage and off-take vessel.

Examples of FPSO in a sentence

• However just a day before FPSO loading date, the tanker will have to first berth at Kakinada Port to facilitate safe transfer of Mooring Team and Surveyor on board of Off-take Tanker.

• The measurement of the Custody Transfer Quantity of Crude Oil, Sampling and Testing of the quality shall be carried out as under: Wet Quantity of crude oil delivered shall be measured through the mass flow meters / ultrasonic meters/ Turbine flow meters installed by the Seller at FPSO.

• If meters installed at FPSO are not working, marine vessel dip reading with applicable VEF shall be used for calculation of dry crude oil volume.

• Then the same tanker will proceed to FPSO AS V with Mooring Team and Surveyor.

• The Parameters given above are from Load Port for Latest cargo from FPSO AS-V ( M field KG-DWN-98/2 block).

More Definitions of FPSO

FPSO means floating production storage and offloading vessel;

FPSO means a Floating Production Storage Offloading Vessel usually engaged At Sea, whether propelled or non-propelled, and which may be disconnect able or permanently fixed to a mooring riser and which is used to recover, receive, process, store or despatch hydrocarbons to a shuttle tanker.

FPSO means floating production, storage and off-loading units;

FPSO means Floating Production Storage Offloading. aa) “FSO” means Floating Storage & Offloading.

FPSO means floating production storage and offloading unit;

FPSO means floating production storage and offloading vessel; "GBA" means gas balancing agreement;

FPSO means floating production storage and offloading platform with all the necessary facilities and services to collect, process, measure, store and transfer liquid hydrocarbons to a Shuttle Tanker.