Thursday, May 29, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

ABS Awards AIP for OceanSTAR’s New Build FSO Design

Simon Osuji by Simon Osuji
March 5, 2024
in Business
0
ABS Awards AIP for OceanSTAR’s New Build FSO Design
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter



Mar 5, 2024

(Image: OceanSTAR Marine & Offshore Investment Pte. Ltd.)


(Image: OceanSTAR Marine & Offshore Investment Pte. Ltd.)

Classification society ABS said it has granted an approval in principle (AIP) to OceanSTAR Marine & Offshore Investment Pte. Ltd., for its new build floating storage and offloading (FSO) design.

The OceanSTAR FSO-01 is a shipshape hull design specifically developed to cater to midsize FSOs with a storage capacity to scale up to 750,000 barrels of oil for operational demands in Asia Pacific and African coastal offshore fields. Other features include a larger strengthened deck area, expandable living quarters and piping routings that can adapt to topsides for either FPSO or FPU applications.

“The floating production market is a cornerstone of ABS’ leading position in the offshore side of classification. We are proud to work with OceanSTAR on their latest FSO design which promises to support the growing demand for storage capacity,” said Matt Tremblay, ABS Vice President, Global Offshore.

James Zhang Zhiqiang, Group Chairman and CEO of OceanSTAR Elite Group, said, “At OceanSTAR Elite Group, our ambition is to lead in providing top-notch and one-stop engineering design and innovative solutions for the offshore energy sector. We appreciate ABS’ efforts and support, which reinforce our commitment to excellence.”

Source link

Related posts

Japanese VC Giant Plots New Future with Africa’s Top Venture Capitalist

Japanese VC Giant Plots New Future with Africa’s Top Venture Capitalist

May 29, 2025
5 Customer Acquisition Tips for African Startups

5 Customer Acquisition Tips for African Startups

May 29, 2025
Previous Post

New type of voice assistant for production works according to the rules of AI ethics

Next Post

Dogecoin Passes Cardano ADA, is Shiba Inu Next?

Next Post
Dogecoin Passes Cardano ADA, is Shiba Inu Next?

Dogecoin Passes Cardano ADA, is Shiba Inu Next?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Airtel Kenya Launches Customer Care Shop in Mandera

Airtel Kenya Launches Customer Care Shop in Mandera

11 months ago
Top ADA Analyst Predicts Reasons For Cardano’s Inevitable Spike To $3

Top ADA Analyst Predicts Reasons For Cardano’s Inevitable Spike To $3

12 months ago
National Basketball Association (NBA) Nigeria Hosts Third Edition of “NBA Meets Art” at Art X Lagos

National Basketball Association (NBA) Nigeria Hosts Third Edition of “NBA Meets Art” at Art X Lagos

7 months ago
COMMENTARY: Trump’s Secret Weapon: Stupidity

COMMENTARY: Trump’s Secret Weapon: Stupidity

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.