In June 1975 Hamilton Brothers started production in their Argyll Field in the North Sea. Besides being the first offshore production in the U.K. sector, the project ushered in a new trend – the floating production system. Since that time the interest in the cost, schedule and flexibility of floating production systems has increased dramatically.

This paper will look at the advantages of a floating system over a fixed platform concept, and survey where installations have been made. Comparisons will be made between the various types of installations, and concepts for the future will be reviewed.

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