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Production Storage Offloading Vessels
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Financing options in the oil and gas industry - Milbank
www.milbank.cominstallation or a vessel. Floating production storage and offloading units (FPSOs) are often used to exploit hydrocarbons offshore. These are floating vessels which receive the relevant hydrocarbon(s) either from nearby platforms or from direct production for processing, storage and onward transportation (by vessel or pipeline).
Glossary of Oil and Gas
static.conocophillips.comFloating production, storage and offloading (FPSO) Provides alternative to pipeline to store oil production and load vessels for movement to markets. Peng Bo FPSO in Bohai Bay, China Fugitive Emissions Emissions of gases or vapors from pressurized equipment, including pipelines, due to leakage, unintended or irregular releases of gases.