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FPSO

Definitions

FPSO rate
(Abbreviation) Floating Production Storage Offloading
FPSO rate
(Abbreviation) Floating Production Storage Offtake
FPSO rate
(Abbreviation) Floating Production Storage and Offloading
Usage: A Floating Production, Storage and Offloading vessel (FPSO)is a type of floating tank system used by the offshore oil and gas industry and designed to take all of the oil or gas produced from a nearby platform (s), process it, and store it until the oil or gas can be offloaded onto waiting tankers, or sent through a pipeline.


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