Hyundai gets DNV GL AIPs for three FPSOs

Hyundai Heavy Industries (HHI) has been awarded approvals in principle (AIPs) by DNV GL for three newly developed designs of floating production storage and offloading (FPSO) vessels.

The FPSOs include two mid-sized oil FPSOs, with a storage capacity ranging from one million to 1.5 million barrels, and one gas FPSO which has a topside gas processing capacity of 23.7 million cubic metres.

HHI states 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.