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Title: Offshore Liquid Fpso Measurement Systems
Author: Terry Cousins
Source: 2008 International School of Hydrocarbon Measurement
Year Published: 2008
Abstract: Floating production, storage and offloading systems (FPSOs) receive crude oil from deepwater wells and store it in their hull tanks until the crude can be pumped into shuttle tankers or oceangoing barges for transport to shore. They may also process the oil and in some later FPSOs be used for Gas distribution. Floating productions systems have been utilized in remote offshore areas without a pipeline infrastructure for many years. However, they have become even more important with the push by the offshore industry into ever deeper waters. Floating production, storage and offloading/floating storage and offloading (FPSO/FSO) systems have now become one of most commercially viable concepts for remote or deep-water oilfield developments. They also allow a company to develop offshore resources quickly between discovery and production. They have been shown to reduce this time as much as two to four years. Further, there can be significant cost savings in developing marginal fields.