The biggest floating production, storage and offloading vessel built so far in China was delivered to China National Offshore Oil Corporation on Tuesday.

CNOOC took delivery of the 170,000 dwt “Offshore Oil 113” from Shanghai Waigaoqiao Shipbuilding (SWS). Local press reports put the cost of the building the FPSO at $120m.

Last year CNNOC took delivery of another FPSO from SWS when the 150,000 dwt “Offshore Oil 111” was handed over.