A Introduction

2.1 In this chapter, we look at particular requirements regarding the design of FPSOs – whether for a newbuild or a conversion project. An FP Contractor’s choice of a newbuild or a conversion is addressed in Chapter 4, but here we examine how the division of responsibility relating to vessel design and the inevitable changes to design parameters that occur during the development of an FPSO project are handled in the case of a typical FPSO charter and how they affect the construction subcontract.