The hull and living quarters of the Bacalhau—the world's first M350 floating,production,storage and offloading vessel—were delivered on Friday at the Changxingdao shipyard in Dalian,Liaoning province,marking a breakthrough for the Chinese shipbuilding industry.
The vessel has been jointly designed and built by Dalian Shipbuilding Industry Co,a subsidiary of State-owned China Shipbuilding Industry Corp,and FPSO contractor Modec for international energy company Equinor,which is headquartered in Norway.
The FPSO is a comprehensive,large-scale offshore oil production base that integrates personnel living quarters and a production command system,and can help significantly reduce operating costs.
(Picture: Veer)