ENI’s Goliat FPSO, sitting atop the world’s largest heavy lift vessel Dockwise Vanguard, has just begun its 60-day voyage from Hyundai Heavy Industries in South Korea to Norway. At 64,000 tons and measuring 112 meters in diameter by 75 meters tall, the Goliat FPSO is the world’s largest cylindrical floating production, storage and offloading unit.
The FPSO will be installed in the Goliat field in the Barents Sea, 85 km northwest of Hammerfest, with start-up expected by mid-2015.
The following video, produced by News on Request AS for ENI Norge, shows the loadout of this huge structure aboard the Dockwise Vanguard.
With the 490-meter-long H-Dock, specifically designed to build mega-sized offshore facilities and the two 1,600 ton gantry cranes at its Ulsan offshore yard, Hyundai Heavy Indsutries has built nine over-two-million-barrel FPSOs to date, which accounts to about 60% of the world’s market share, according to HHI.
China placed export restrictions on key rare earth elements on Friday as part of its sweeping response to President Donald Trump's tariffs, potentially squeezing supply to the U.S. and the West of minerals vital to everything from defense to electric cars.
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents.
Russia’s Arctic liquefied natural gas plant appears to have flared fuel last week, satellite images show, a move that could indicate the restart of a sanctioned export facility that has effectively been shuttered since last October.
April 1, 2025
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