Aker Floating Production
Encyclopedia
Aker Floating Production is a Norwegian
Floating Production Storage and Offloading
vessel
operator. The company is part of the Aker Group
with Aker ASA owning 44.27% of the company. It is also listed on Oslo Stock Exchange
.
The company was founded 14 March 2006, and listed on 26 June 2006. It has purchased three oil tankers
for conversion to FPSO vessels, and the first vessel was delivered in the third quarter of 2007. The company plans to have four FPSOs in operation by 2009. First commercial contract for operation was on the Indian oil field Dhirubhai 1.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
Floating Production Storage and Offloading
Floating Production Storage and Offloading
A floating production, storage and offloading unit is a floating vessel used by the offshore industry for the processing of hydrocarbons and for storage of oil. A FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it...
vessel
Ship
Since the end of the age of sail a ship has been any large buoyant marine vessel. Ships are generally distinguished from boats based on size and cargo or passenger capacity. Ships are used on lakes, seas, and rivers for a variety of activities, such as the transport of people or goods, fishing,...
operator. The company is part of the Aker Group
Aker ASA
Aker ASA is a Norwegian holding company engaged in offshore fishing, construction and engineering. The company is listed on Oslo Stock Exchange and is controlled by Kjell Inge Røkke with 66.66% ownership through TRG Holding...
with Aker ASA owning 44.27% of the company. It is also listed on Oslo Stock Exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
.
The company was founded 14 March 2006, and listed on 26 June 2006. It has purchased three oil tankers
Tanker (ship)
A tanker is a ship designed to transport liquids in bulk. Major types of tankship include the oil tanker, the chemical tanker, and the liquefied natural gas carrier.-Background:...
for conversion to FPSO vessels, and the first vessel was delivered in the third quarter of 2007. The company plans to have four FPSOs in operation by 2009. First commercial contract for operation was on the Indian oil field Dhirubhai 1.