Prompted by the promise of very large untapped reservoirs, major operators around the world continue to move into increasingly deep waters and other frontier offshore areas having little if any infrastructure in place.

Because building pipelines and processing systems to connect these far-flung fields with shore-based markets is economically impractical, E&P companies often deploy floating production, storage and offloading (FPSO) units to hold production on location until it can be transferred to tankers and transported to shore.

Wells