The invention discloses a butt joint circular table type floating production oil storage system. According to the oil storage system, a floating body is provided with an upper part structural body which is in a circular table shape and a lower part structural body which is in a circular table shape; in a combined state, the bottom surface, which has a small area, of the upper part structural body is fixedly connected with the bottom surface, which has a small area, of the lower part structural body to form a connecting surface serving as a fully-loaded waterline plane of a floating type structure; and on the basis of the combined state, functional modules for mooring positioning, oil and gas production, storage, outward conveying and the like are arranged to form the novel floating production oil storage system. The floating body has the characteristic of being similar to the appearance of a sandy clock, and can overcome the defects of aspects of seakeeping capacity, strength fatigue, the arrangement of pipelines and the like in the conventional floating production oil storage system and expand the performance of the conventional floating production oil storage system. Therefore, the butt joint circular table type floating production oil storage system can realize the integration of multiple functions of well drilling, mining, storage, production, processing, outward conveying and the like of large-scale oil and gas in various sea areas easily, and has a good economic benefit.