Dutch floater specialist SBM Offshore is in advanced talks with Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) to build modules for its next floating production, storage and offloading vessel within the highly-standardised Fast4Ward series.

The potential deal between the two companies will mark a milestone for SWS to venture into FPSO topsides module fabrication, a goal the Shanghai-based yard has been pursuing but not yet achieved.

SWS is already a specialist for fabricating the standard FPSO hulls for SBM, with three delivered and a fourth scheduled for completion next year, but the Dutch floater specialist has not yet contracted SWS to build modules for the Fast4Ward FPSOs.