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FSO Conquering Offshore Oil Fields A giant seaborne crude-oil terminal that taps into offshore oil fields around the world: IHI presents the "ERAWAN 2" floating storage and offloading (FSO) system
- IHI Corporation
The increased demand for crude oil accompanying industrialization in emerging economies is pushing up the price of crude oil. In response to this increased demand, the development of offshore oil and gas fields in the open sea and deep waters is moving forward, where until recently extraction was not economically feasible. Offshore energy plants are advancing the development of offshore oil and gas fields that are attracting a growing interest worldwide.