SWS signs contract for sixth FPSO hull with SBM Offshore

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Shanghai Waigaoqiao Shipbuilding (SWS) has signed a contract with SBM Offshore to construct the hull of a sixth 2.3 million-barrel floating production, storage, and offloading (FPSO) unit. 

The agreement was finalized on December 20.

SBM Offshore completes US$1.5 billion financing for its latest Guyana-bound FPSO | OilNOW 

The FPSO follows SBM Offshore’s universal hull design concept, measuring 333 meters in length and 60 meters in beam. Its deck area equals three standard soccer fields, with a displacement of 460,000 tons. Equipped with a multi-point mooring system, it is suitable for operations in regions such as West Africa and South America.

This marks SWS’s sixth FPSO hull order from SBM Offshore. Four FPSOs were delivered between 2019 and 2023, while the fifth, named Jaguar, began construction in April 2023 and was signed for delivery on November 14, 2024.

With Jaguar’s completion, SWS has delivered 579 ships and offshore platforms since its establishment. SWS is the only shipyard globally capable of building a wide range of vessels and offshore equipment simultaneously. Its current orders include large cruise ships, car carriers, container ships, oil tankers, and ultra-large FPSOs, all classified as medium- and high-end ship types.

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