5 key FPSO projects driving activity in Asia

FPSOs in development

Floating Production Storage and Offloading (FPSO) vessels are a cornerstone of modern offshore oil and gas development. Since the first FPSO was deployed on Shell’s Castellon field in the Spanish Mediterranean in 1977, the global fleet has grown to nearly 300 units operating worldwide.

Due to their flexibility, an FPSO provides several advantages over fixed platforms. They can more easily be mobilised to other remote or deep-water locations. This creates time and cost savings while increasing safety levels and accessibility to commercially viable fields.

This blog is part one of a two-part blog series looking at developments currently in the fabrication stage on Asian shipyards. As offshore discoveries and consumer energy demand increase over the next few decades, so will the number of FPSO and fabrication projects.

Click here to read part two on FLNG, FPU and facility construction projects

Errea Wittu (ExxonMobil – Uaru, Guyana)

The Errea Wittu FPSO is currently undergoing topside integration and commissioning at Seatrium’s Tuas Boulevard Yard in Singapore. The hull, built by DSIC in Dalian, China, arrived in Singapore in July 2025. This new-build FPSO is part of ExxonMobil’s fifth development in Guyana’s Stabroek Block.

With a production capacity of 250,000 barrels of oil per day (bpd), 540 million cubic feet per day (MMscfd) of gas handling, and 350,000 bpd of water injection, the FPSO is designed for high-throughput operations. It will store up to 2 million barrels of oil.

Sustainability features

• The Errea Wittu FPSO is designed for zero routine flaring, with all associated gas reinjected into the reservoir. It also uses smart digital systems to run more efficiently and reduce pollution.

• Built on MODEC’s M350 hull design, it includes advanced gas compression systems for reinjection, high-capacity water injection, and digital automation for remote monitoring and performance optimisation.

Hammerhead FPSO (ExxonMobil – Hammerhead, Guyana)

The Hammerhead FPSO is a VLCC conversion project underway at CSSC’s Shanghai yards in China. Modec is executing the engineering, procurement, construction, and installation (EPCI) contract. The FPSO will support ExxonMobil’s seventh Guyana development, with first oil expected in 2029.

The vessel will produce 150,000 bpd of oil, store 1.6 million barrels, and reinject 340,000 bpd of produced water. It will be moored in 1,025 meters of water using a SOFEC spread mooring system.

• The FPSO is designed for zero flaring and includes a system to reinject all produced water back into the reservoir. It also has equipment to clean and reuse gas and water, reducing waste.

• Includes a SOFEC spread mooring system for deepwater anchoring, high-efficiency oil-water separation, vapor recovery units, and a large-scale produced water reinjection system.

Petrobras Pre-Salt FPSOs (Brazil – Búzios, Atapu, and Sépia Fields)

Petrobras is executing a massive FPSO program with five newbuilds under construction in Asia:

P-80, P-82, P-83 (Búzios Field): Hulls built by CIMC Raffles in Yantai, China, with topside integration at Seatrium, Singapore. These FPSOs each have a capacity of 225,000 bpd of oil and 12 million cubic meters per day of gas processing.

P-84 (Atapu) and P-85 (Sépia): Also built by CIMC Raffles and integrated at Seatrium, these are Petrobras’ first all-electric FPSOs. Each will produce 225,000 bpd of oil and 10 million cubic meters of gas per day.

• P-80, P-82, P-83: Use carbon capture systems to trap CO₂ and reinject it underground. They also have closed flare systems (to avoid burning off gas) and sensors to detect methane leaks.
• P-84 and P-85: These are all-electric FPSOs, meaning they use electric motors instead of gas turbines. They’re expected to cut emissions by 30% and include smart energy-saving systems.

• All five FPSOs are part of Petrobras’ “new generation” design.
• They include carbon capture and storage (CCUS), waste heat recovery, and seawater deaeration systems.
• P-84 and P-85 are among the first FPSOs to be fully electric, with variable-speed drives and centralised power systems for better energy efficiency.

FPSO Kaminho (TotalEnergies – Cameia/Golfinho, Angola)

The Kaminho FPSO is a VLCC conversion project taking place at China Merchants Heavy Industry (CMHI) in Nantong, China. Saipem is the main EPCI contractor. The FPSO will serve Angola’s first deepwater development in the Kwanza Basin.

With a production capacity of 70,000 bpd and 1.6 million barrels of storage, the FPSO will feature an 80 MW combined-cycle power plant and all-electric drive systems. All associated gas will be reinjected, and the vessel is designed for zero routine flaring.

• Kaminho is designed to be one of the cleanest FPSOs ever built. It uses an all-electric system, a combined-cycle power plant to save energy, and reinjects all gas back into the ground—no flaring at all.

• Includes an 80 MW combined-cycle power plant (gas turbines + steam recovery), variable-speed compressors, and a fully electric drive system. It also features advanced automation and emissions control systems.

Tangkulo FPSO (Mubadala Energy – South Andaman, Indonesia)

Still in the FEED and tendering phase, the Tangkulo FPSO will be the centerpiece of Mubadala Energy’s South Andaman gas development offshore North Sumatra. The FPSO is expected to process over 500 MMscfd of gas and 15,000+ bpd of condensate.

• The FPSO will be designed to avoid flaring, use smart systems to run efficiently, and help Indonesia use more of its own gas instead of importing it. Carbon capture and storage (CCS) is also being considered.

Notable tech

• Expected to include high-capacity gas dehydration and compression systems, digital control platforms for real-time optimisation, and subsea tie-ins for multiple deepwater wells. It may also support future CCS integration.

Airswift: Supporting the future of FPSO fabrication

Airswift is the leading workforce solutions provider for onshore and offshore fabrication yard and FPSO projects. We have supported over 50 FPSO and major fabrication yard developments globally.

Visit our fabrication jobs page to learn more about current opportunities.