Photo: Image Courtesy: DNV GL

HHI Gets DNV GL Nod for Three FPSO Designs

South Korean shipbuilder Hyundai Heavy Industries has obtained DNV GL’s approval in principle (AiP) certificates for three models of its “Standard FPSO” design.

The standard FPSOs (model name: Hi-PROS) are the topside and hull integrated models developed by HHI.

They include two mid-sized oil FPSOs, with a storage capacity ranging from 1.0 MMbbls and 1.5 MMbbls, and one gas FPSO which has a topside gas processing capacity of 840 MMscfd.

As explained by DNV GL, the two oil FPSOs were developed in line with current market conditions and trends, while the gas FPSO was developed to target the future demands of the Australian and Indonesian markets.

It was further noted that the FPSOs were developed up to the initial stage of FEED, including the basic dimensions such as the hull size and topside layout. HHI said that, once an order is placed, it can reduce the required design period by using their in-house engineering database. The company further expects this to reduce the cost of production by up to 30% through improvements in the engineering and design process.