FPS stands for various terms. Discover the full forms, meanings, and possible interpretations of FPS across different fields and industries.
Semi–submersible or ship–based system used to exploit the oil fields. The system has three main components: The Floating Production Vessel (FPV); Mooring System and Subsea System, which include the risers and well system. FPS processes and offloads hydrocarbons without storing them.
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