Türkiye has welcomed the arrival of its first-ever floating production, storage, and offloading (FPSO) vessel, which is the same size as three standard football fields put together and will double the gas production from the country’s giant field in the Black Sea, once the unit kicks off its 20-year
Ocean Installer, part of the Moreld Group, has moved to the final stage of its subsea scope for a giant new floating production, storage, and offloading (FPSO) vessel, which is slated to start its three-decade job next quarter at a large oil project in the Barents Sea off the coast of Norway.
