ABS Awards AIP for OceanSTAR’s New Build FSO Design

(SINGAPORE) ABS delivered 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.”

ABS classed the first FPSO vessel in U.S. waters in 1978 and continues to lead safety and innovation with new technology that supports larger, more complex FPSOs operating in ultra-deep water. Learn more here.

Photo Caption: Drawing of the OceanSTAR FSO-01 design, a new build floating storage and offloading (FSO) unit. Courtesy OceanSTAR

About ABS

ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.

About OceanSTAR Elite group

OceanSTAR Elite group of companies (Headquartered in Singapore) offers One-Stop Engineering Design and Innovative Solutions for Offshore Energy sector. With a passionate and experienced engineering team, OceanSTAR has successfully accomplished plenty of offshore projects, from FPSO, FPU, Jack-up to floating wind turbine, etc. Based on our strong engineering design capabilities, our services extended into CAPEX investment, procurement, construction, installation, commissioning, project management, maintenance and operation support. OceanSTAR Elite group of companies has offices strategically located in Singapore (HQ), China, Indonesia (Jakarta) and Malaysia (Kuala Lumpur).


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