Skip to main content

ABS awards AIP to HHI’s standardised FPSO topside

Published by
Oilfield Technology,


ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Standardised design for a Floating Production Storage and Offloading (FPSO) facility.

Initially intended for operations in West Africa, HHI advises its standardised topside design is adaptive to a range of conditions, potentially offering reduced costs and shorter project timelines.

“ABS is the world leader in Offshore and in FPSO classification. We have worked closely with HHI, using our experience in the sector to support the development of this innovative concept, which has the potential to streamline the project development life cycle,” said Luiz Feijo, ABS Director, Global Offshore.

“In the current market, HHI’s standardised topside design, requested by our operators, potentially provides more affordable CAPEX with shorter project schedules—and more secure systems reliability & safety with ABS certificates, based on the stringent evaluation process,” said Seon Mook Lim, Senior Vice President, Offshore Division at HHI. “Further, this newly developed product provides great value, helping to protect profitability form engineering, procurement and construction project risks, and enabling modification to various upstream conditions of West African oil and gas fields with minimal design changes.”

HHI’s FPSO Topside Facilities Design as approved stands in accordance with the ABS 2017 Guidance Notes on Review and Approval of Novel Concepts and considers that the conceptual engineering as proposed complies with the intent of the applicable rules and standards.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/22102018/abs-awards-aip-to-hhis-standardised-fpso-topside/

 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Upstream news Offshore news