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reducing riser bend-stiffener design requirements, particularly for
                            transverse conditions. This optimisation also reduces the need for
                            special  topsides  process  equipment  design  requirements  such  as
                            baffles for separators.
                                   The hull form can also be optimised to reduce the wave and
                            current  actions  by  varying  the  length,  width,  draft  and  shape  of
                            bow and stern.
                                   This  reduces  the  vessel  loading  with  respect  to  incoming
                            waves  under  transverse  conditions,  reducing  mooring  loads  and
                            vessel roll. The aforementioned hull form optimisation can have a
                            beneficial contribution to the long term operational performance of
                            the  FPSO,  but  this  should  be  carefully  assessed  against  the
                            fabrication cost and Life of Field (LOF) costs.
                                   In  the  more  recent  FPSO  developments,  there  have  been
                            cases where the cargo carrying capacity of the FPSO is not sized
                            against  the  initial  production  flow  rate,  but  one  further  into  the
                            production life where a reduced and more economical storage can
                            be  achieved.  The  initial  storage  requirements  are  met  by
                            supplementing the FPSO with a Floating Storage Unit (FSU) based
                            on a cheap second hand tanker.
                                   The above highlights that a full  LOF approach should be
                            taken  in  deciding  both  the  vessel  design  and  the  field
                            configuration.  The  following  sections  discuss  an  example  FPSO
                            design for 800,000 BBL storage in deep water.
                                   4.2.2 Hull Structure
                                   There  is  a  marked  difference  in  the  hull  arrangement
                            between  the  new  purpose-built  FPSO  hulls  and  the  converted
                            tanker hulls. The overall configuration for tankers is driven by the
                            need to transport large cargo volumes at a low cost. Tankers have
                            consequently  evolved  to  a  length  to  breadth  ratio  of  about  6.1,
                            which gives a good compromise between the enclosed volume and
                            the resistance to forward motion. The FPSOs are not required to
                            move forward; consequently resistance is not an issue. However,
                            in a weathervaning mode the hull slenderness ratio (length to beam
                            ratio)  serves  to  present  a  low  frontal  area  to  the  prevailing
                            environment  and  assists  in  the  natural  weathervaning  motion.  A
                            low  slenderness  ratio  results  in  more  favorable  motions  and
                            mooring behaviour over a shorter and more bulky hull. A shorter
                            hull would however offer savings in steel weight and possible cost
                            reductions. Hull breadth to depth ratio comparisons are a different
                            prospect  since  FPSOs,  unlike  tankers,  are  not  constrained  by
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