Nautical Term: OFG
Definition of OFG
Offshore Floating Group (OFFG) refers to a type of marine structure that is designed to float offshore. This group of structures includes offshore oil rigs, floating production storage and offloading (FPSO) vessels, and other types of floating structures used in offshore industries.
For example, in the oil and gas industry, OFFG structures are often used for the extraction and production of offshore oil and gas reserves. These structures provide a stable platform for drilling and production operations, as well as for the accommodation and support of personnel working on the rig or in the surrounding offshore environment.
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