Japanese shipping group Nippon Yusen Kaisha (NYK) has made the decision to invest in a floating production, storage, and offloading (FPSO) vessel with Mitsubishi Corporation.
The FPSO Turritella will be chartered and operated by NYK and Mitsubishi for Royal Dutch Shell’s Stones project, an ultra-deep sea field in the Gulf of Mexico 2,900 m below the surface and approximately 320 km off the shore of Louisiana in the United States.
The depth of the Stones field is the deepest among all FPSO projects worldwide.
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The vessel will have a turret featuring a detachable buoy that allows it to turn in place during normal weather conditions and, if stormy weather approaches, disconnect the mooring lines and risers from the well system and sail to a safe area.
NYK and Mitsubishi have entered a consortium with SBM Offshore for this project.
This would be NYK’s fourth FPSO project as it seeks to diversify into the offshore sector. It is also involved in three other FPSO projects in waters off Brazil.