The American Bureau of Shipping (ABS), a leading classification society, has provided its coveted approval in principle (AIP) for the innovative Sterling Streamline next-generation FPSO hull design concept developed by Shapoorji Pallonji Energy (SPE).

This groundbreaking design concept caters to the requirements of large FPSO (Floating Production, Storage, and Offloading) newbuild hulls and boasts an array of cutting-edge features. The Sterling Streamline design is equipped with flexible mooring configurations, 60 risers, and an umbilical slots riser balcony. With an oil processing capacity of up to 250,000 barrels per day and a storage capacity exceeding 2.2 million barrels of crude oil, this concept represents a significant advancement in the realm of FPSO technology.

Ravi Shankar Srinivasan, CEO of SPE, emphasized the client-focused and technologically advanced nature of the Sterling Streamline design. He underscored the collaborative effort between ABS and SPE, which played a pivotal role in surpassing stakeholder expectations during the concept AIP process.

ABS conducted comprehensive concept design reviews, ensuring compliance with stringent class and statutory requirements. The project has now transitioned into the front-end engineering design (FEED) phase, with an anticipated completion date in early 2024.

Ankit Garg, President of Projects at SPE, highlighted the importance of an in-house design approach to capture essential elements and streamline the development process with meticulous attention to detail.

Miguel Hernandez, ABS Senior Vice President of Global Offshore, emphasized the growing demand for large FPSOs, the challenges within the supply chain, and the increasing emphasis on sustainability in offshore field developments. He expressed confidence in the Sterling Streamline design's potential to address these market needs effectively.