On April 4, the fifth generic Fast4Ward® Multi Purpose Floater (MPF5) Hull awarded to Shanghai Waigaoqiao Shipbuilding Co., Ltd.(SWS), started construction on time as per schedule.
MPF5 adopted SBM OFFSHORE’s proprietary generic hull design. The basic solution is an FPSO with a storage capacity up to 2.3 million barrels of crude oil. The generic MPF is designed to be equipped with a spread point mooring system that can be used for the hull to meet a wide range of sea conditions.
MPF5 will start keel-laying in dock within this year according to schedule.