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SBM Offshore places new FPSO hull order with Chinese yard

The Dutch floater specialist orders its seventh Fast4Ward hull at Shanghai Waigaoqiao Shipbuilding.

Officer shortage risks exceeding 100,000 by 2030

Dutch floater specialist SBM Offshore has signed a contract for the construction of its seventh Fast4Ward hull with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading, both subsidiaries of China State Shipbuilding Corporation (CSSC).

The multi-purpose floater hull, designated MPF7, uses SBM Offshore's Fast4Ward proprietary generic standard hull design. The standard FPSO hull offers storage capacity of up to 2.3m barrels of crude oil and is adaptable to a wide range of sea conditions. It inherits the highly optimised design of its predecessor, including accommodation for up to 240 personnel.

"This is the 13th MPF hull ordered to date, with each project providing lessons to further derisk the execution, while improving quality and productivity," said Oivind Tangen, CEO of SBM Offshore.

"As this represents our 7th FPSO hull project for SBM, our team is fully committed to leveraging our premier shipbuilding capabilities and lean management principles to deliver this vessel with the highest quality, safety, and environmental standards, continuing to create long-term value for both organisations," added Chen Gang, chairman of SWS.

#China#Netherlands#SBM Offshore#FPSO#Fast4Ward#Offshore#Shanghai Waigaoqiao
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