CHEVRON LAUNCHES STORAGE UNIT FOR ALBA FIELD IN U.K. NORTH SEA

Chevron U.K. Ltd. has launched a floating storage unit (FSU) destined for its Alba oil field development project in the North Sea. The 125,000 dwt vessel, built in Astano SA's shipyard at Ferrol, Spain, can hold 825,000 bbl of crude oil. The first FSU purpose-built for use in the U.K. North Sea, it will enable offshore loading of oil from Alba platform, due to be installed on Block 16/26 in June.

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