constructing the highest number of FPSOs Iin
FPSO stands for Floating Production, Storage and Off-loading vessel, and is a high-priced offshore structure used for the rapid development of oil fields, applications in deep-sea oil fields or the development of small- and mid-sized oil fields.
As FPSO is not an independent vessel but the part of oil field development project worth billions of dollars, any unexpected accidents or problems with an FPSO can pose significant risks, suspending the field development altogether in some cases. The technology based on accumulated experience alone is not sufficient to prevent those risks. An FPSO is a high-tech offshore structure that requires the highest level of reliability and stability, which can only be achieved through rigorous scientific verification.
Samsung Heavy Industries has proven its outstanding capacity and technology with the successful construction of a total of 15 FPSOs ordered by the world-renowned major oil and gas companies.