Floating production, storage and offloading unit (FPSO), a single engineering unit with the largest investment in offshore petroleum industry, carries on board various facilities including oil production, storage and export, as well as living and power. It is used to process and storage crude oil, which will be shipped regularly by tankers to various places. Along with the intensification of offshore exploration and development in China, China National Offshore Oil Corporation (CNOOC) has been working hard to expand its FPSO industry scope. Now, 14 FPSO units have been put into operation in 16 oilfields, of which 13 FPSO units operate in China's offshore and 1 in Java offshore in Indonesia. China's FPSO technology has reached international advanced level and China has become the largest manufacturer and user of FPSO in the world, with both the number and gross tonnage of FPSO units ranking the top of the world.
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