Samsung Heavy Industries Co., Ltd. (SHI) announced the completion of the Geoje-shipyard portion of the world’s largest sized Egina floating production storage and offloading (FPSO). The gigantic floater departed for Nigeria on 31th October 2017.
The facility features 30m in length, 61m in breadth, and 34m high. It also has the capacity of 2.3 million barrels of storage with topsides weighing 60,000 tons.
The FPSO will be installed in Egina offshore field, 200km off Nigerian shores.
Egina FPSO complies with the Nigerian local content regulations, and a portion of the topsides fabrication and integration is to be completed in Nigeria.
The FPSO that left Geoje on 31th will travel for 3 months in order to arrive in Nigeria. From there the remaining topside module integration and commissioning will take place for the FPSO to delivered in the second half of 2018.
SHI earlier partnered with (SHI-MCI) with a Nigerian local company and established a production facility in Lagos, Nigeria to meet the local content requirements.
According to SHI the contract was record-breaking in number at $3 billion, with Samsung covering the entire engineering, procurement, construction, transport, and commissioning.
