The hull and living quarters of the world's first M350 floating, production, storage and offloading vessel — Bacalhau — was delivered on Friday in Changxingdao, Dalian, Liaoning province.

It was jointly designed and built by Dalian Shipbuilding Industry Co, a subsidiary of State-owned China Shipbuilding Industry Corp and FPSO contractor and owner Modec for international energy company Equinor, which is headquartered in Norway.

The M350 FPSO features a hull about 350 meters long. The new vessel's material scale and scale parameters make it the largest in the world, with a total length of 364 meters, beam of 64 meters and depth of 33 meters.

A variety of long-term anti-corrosion materials were used. It will require only a low level of maintenance and can meet its 30-year designed life without any dry docking requirements.

After it is put into operation, the vessel will process 220,000 barrels of crude oil each day.

The new FPSO will be deployed for offshore oil and gas production at an oilfield in Brazil as a comprehensive large-scale offshore oil production base that integrates personnel residences with the largest storage and production capacity in Brazilian waters.