rss icon Subscribe
desktop mobile

ABS Approves Hyundai Heavy's FPSO Hull Design

Photo: ABS

By Aiswarya Lakshmi

South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) for its floating production storage and offloading (FPSO) hull design from classification society ABS.

"As the offshore industry strives to design more cost-effective production units, ABS remains committed to evaluating novel designs that meet our class standards," says ABS Executive Vice President, Global Offshore Ken Richardson. "Awarding HHI this AIP is another example of ABS's commitment to promoting safety in innovative concepts."
"The Newbuilding Conversion FPSO hull design can be built for about half the cost as compared to a conventional FPSO hull," says Jae-Eul Kim, HHI Senior Vice President, Shipbuilding Division. "In the current difficult energy market, the competitive Ready-to-Convert FPSO hull, with AIP from ABS, offers a practical approach to floating production units-enabling stakeholders to take confident financial investment decisions."
ABS and HHI worked together with the objective of developing a technically feasible and class compliant FPSO hull design, using the latest technologies while maintaining high safety standards. The ABS AIP demonstrates the design substantially complies with Class and Regulatory requirements, giving regulatory agencies and other key stakeholders confidence in the design.
The design basis is storing 2 Mbbl of crude oil in the barge-shaped hull, applying mainly shipbuilding standards, and combining offshore production facility features, such as a 25-year lifetime without drydocking, and structural reinforcement for Topside structure installation.
ABS has been the preferred classification organization for the offshore and energy industry for more than 60 years. ABS applies its experience and knowledge to support members and clients involved in oil-related projects, including floating production units.

Jan 9, 2018

 

Classification Societies

SNAME Honors ABS Technical Leaders

Senior Engineer Harry Ren (Photo: ABS)

ABS Director James Bond and Senior Engineer Harry Ren have been named Fellows of the Society of

New Arc7 Class Arctic vessel Heads for Yamal LNG Facility

© kenny mcpike / MarineTraffic.com

A new ice-breaking liquefied natural gas (LNG) tanker of the Arc7 class, the Nikolay Yevgenov

LR Gets Italian RO Status

Image: Lloyd's Register

The maritime classification society Lloyd’s Register (LR) has been awarded recognized organization

Shipbuilding

Dutch Royal Couple Visits MV WERFTEN

Peter Fetten informs the royal couple about the construction of the Global Class cruise ships. © MV WERFTEN

Their Majesties King Willem-Alexander and Queen Máxima of the Netherlands called at MV WERFTEN’s

Tote Named VCM for US Training Ship Build

(Image: MARAD)

Maritime Administrator RADM Mark H. Buzby, USN (Ret.), announced TOTE Services, Inc.

BMT Unveils New Vessel Designs

Photo: BMT

BMT has introduced two vessel designs aimed at Taiwanese offshore wind operations.

Maritime Apps