On June 21, 2024, the fifth generic Fast4Ward® Multi Purpose Floater No.5 (MPF5) built by Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), a subsidiary of China State Shipbuilding Corporation Limited (CSSC) for SBM Offshore, was launched as per schedule.

With the joint efforts from all parties and leveraging experience gained from the previous four hulls, MPF5 was launched from the SWS dry dock following the successful completion of planned construction activities including hull erection, equipment installation and piping outfitting. Strong performance in completion of the planned work highlights significant progress made in implementing lessons learned from previous projects.

MPF5 adopted SBM Offshore’s proprietary Fast4Ward® 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 spread point mooring system that can be used for the hull to meet a wide range of sea conditions.

Based on the long-term cooperation between SWS and SBM Offshore, the project proceeds successfully and will be delivered per schedule.