Recently, under the traction of six tugs, the P71 FPSO (Floating production, storage and offloading units) hull built by CIMC Raffles for Petrobras left the deep-water wharf of Yantai base for the Brazilian sea area. The project is the first FPSO type delivered by CIMC raffles, marking a new breakthrough in the field of offshore oil and gas production equipment.

FPSO is known as "offshore oil refining plant", which is a high-tech product in marine engineering ships. P71 FPSO has a total length of 316m, width of 54m, depth of 31.5m, and storage capacity of 1600000bbl. It is equipped with a 24-point extended mooring system. It will carry out oil storage and refining operations at 2200m water depth. Its production capacity is designed to be 150000 bbl / day oil and 6000000 m3 / day natural gas, which is classified to ABS.

At the end of 2017, CIMC Raffles signed a P71 FPSO hull construction contract with Petrobras, which opened the way for CIMC Raffles to transform from offshore drilling rig to production unit. For the new and complex products and tight delivery time, CIMC raffles, bearing in mind of Xi Jinping's instructions on "independent innovation" during the inspection, adheres to the "stick to lean and continuous improvement" mode of CIMC ONE(Optimize Never Ending), takes multiple measures simultaneously, innovatively implements cost center management, project risk management, abnormal cost management and crowdfunding mechanism, and improves technology procurement linkage. Finished the construction and launching of four large modules of 54000 tons in 11 months and finished the inspection of 16536 MCR points of 15337 equipment in 4 months and finished the commissioning of 394 subsystems in 3 months. CIMC Raffles took 23 months to deliver the project on schedule on 3rd December and won the approval of Petrobras with high-quality products and services.

In addition, CIMC Raffles has recently signed two generator module construction contracts with Petrobras, which will be integrated into the P71 FPSO hull after delivery to provide power for the whole FPSO.