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    IZAR hopes for FPSO work

    Yard News // May 4, 2001
    The Astano shipyard of IZAR in Spain is believed to be close to winning an order to build a new Floating Production, Storage & Offloading (FPSO) platform for TotalFinaElf's NC137 development offshore Libya.

    A joint venture of CMB subsidiary Exmar and Doris Engineering will manage the FPSO project, and are expected to place an order with IZAR in the near future.

    Exmar is responsible for the hull and Doris Engineering for the topsides.

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