Brazil To Deploy World's First Floating Oil Terminal
From Google News
Brazil’s state-owned energy giant Petrobras said Tuesday it will deploy the world”s first floating oil terminal capable of refueling tankers on the high seas.
“The new technology will ensure lower costs, by reducing the distance covered by oil transport vessels,” the company said in a statement.
Currently, crude oil must be ferried from offshore rigs to the coast where tankers come to fill up.