LR: Up to 40 per cent of FPSO maintenance work ‘unnecessary’

As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by a report from UK’s classification society Lloyd’s Register (LR).

LR said on Wednesday that, by reducing these unwarranted manhours, operators could save on average almost £600,000 (around $750,000) per asset each year, equivalent to £15 million ($18.8M) over an assets’ life.

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