floating production storage and offloading (FPSO)
A Floating Production Storage and Offloading (FPSO) unit is a ship-like structure used in the offshore oil and gas industry. It is designed to process and store hydrocarbons extracted from underwater wells. FPSOs are anchored to the seabed and can move to different locations, making them versatile for various offshore fields.
These units typically include facilities for separating oil, gas, and water, as well as storage tanks for the produced oil. Once the storage is full, the FPSO can transfer the oil to tankers or pipelines for transportation to shore, ensuring efficient resource management in remote locations.