
Yinson Production Secures Key Classification Approval for FPSO Hull Design
Yinson Production has secured ABS approval for its Meridian purpose-built FPSO hull design, strengthening its position in the offshore oil and gas sector.

Yinson Production has secured ABS approval for its Meridian purpose-built FPSO hull design, strengthening its position in the offshore oil and gas sector.

SBM Offshore has gained a major boost in its energy-transition strategy as ABS granted Approval in Principle to the company’s innovative FPSO design that produces blue ammonia from offshore gas with integrated carbon capture.

The FPSO market is forecast to climb from USD 7.42B in 2024 to USD 11.29B by 2034, driven by deepwater projects, digitalization, and LNG-ready units.
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