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ABS Brings Together Leading Industry Players to Tackle Safety Challenge of Aging FPSO Fleet
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ABS Brings Together Leading Industry Players to Tackle Safety Challenge of Aging FPSO Fleet
Business
Date posted: 19.08.2021
Category: Business News
HOUSTON – ABS has brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half of the ship type vessels are over 30 years old, and a quarter are over 40 years old.
The working group, consisting of Chevron, Shell Trading (U.S.) Company, Petrobras, MODEC and SBM as well as The Bahamas Maritime Authority (BMA), the Republic of the Marshall Islands (RMI) Registry, and the U.S Coast Guard 8th District, led by ABS has already seen the creation of five Joint Industry Projects (JIPs) aimed at using technology to tackle a range of FPSO safety issues.
Source: World Oil