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An FPSO (Floating Production Storage Offloading) vessel is a specialized offshore platform that extracts, processes, and stores oil and gas from subsea wells before transferring cargo to tankers. FPSOs serve as floating facilities in remote deepwater locations, eliminating the need for fixed infrastructure and enabling production in challenging environments.
| Date | Event | PriceReported sale price in US$ millions. | Buyer |
|---|---|---|---|
| 01 Aug 2023 |
| $465M |
| Yinson Holdings Bhd |