A tank installation for the storage of liquids, especially oil in a floating storage or production installation, including a number of tanks which are connected to pipe systems for supply of liquid to or removal of liquid from the tanks. The installation includes a central section around which the tanks are arranged in such a manner that each tank has an inner sidewall portion bordering on the central section, and the pipe systems are arranged in the central section and include radially extending pipe lengths that are connected to respective tanks.