What is the full meaning of FPSO as used in the Oil and Gas industry?

SCHOLARSHIP QUESTION:

What is the full meaning of FPSO as used in the Oil and Gas industry?
(A) Full Product System Offline
(B) Floating Petrol Spillage on Oceans
(C) Floating Production Storage and Offloading
(D) Financing Petroleum Shipping Onboard

The Correct Answer is:

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