[Brazil] FPSO Cidade de Niterói MV18

Post Reply
escveritas
Site Admin
Posts: 3186
Joined: Sat Aug 29, 2020 5:40 am
Location: Singapore
Contact:
Singapore

[Brazil] FPSO Cidade de Niterói MV18

Unread post by escveritas »

Image

The FPSO is operated in the Marlim Leste oil field which lies within the Campos Basin, offshore Brazil since February 2009. MODEC carried out the engineering, procurement, construction, installation and commissioning of the FPSO which is capable of processing 100,000 barrels of crude oil per day, 124 million standard cubic feet of gas per day and has storage capacity of 1,600,000 barrels of crude oil. MODEC owns and operates the FPSO.
escveritas
Site Admin
Posts: 3186
Joined: Sat Aug 29, 2020 5:40 am
Location: Singapore
Contact:
Singapore

Re: [Brazil] FPSO Cidade de Niterói MV18

Unread post by escveritas »

Petrobras Selects MODEC for the Supply and Operation of the "Opportunity Oil" FPSO, Offshore Brazil
Houston, Dec. 28, 2006

MODEC, Inc., TSE (Tokyo Stock Exchange): 6269, announced today that Petróleo Brasileiro S.A. (Petrobras) has issued a letter of intent for the charter and operation of an FPSO to be located in Brazil's Campos Basin. This is the third FPSO for MODEC to charter and operate for Petrobras.

The project includes developing an FPSO capable of processing 100,000 barrels of oil per day, gas compression capacity of 124 million cubic feet per day and having an oil storage capacity of 1,600,000 barrels. Total contract revenues of the charter and operation of the FPSO including option periods could reach US$1.2 billion.

MODEC is responsible for the engineering, procurement, construction, installation, commissioning and operations of the FPSO, including topsides processing equipment, hull and marine systems, riser hang-offs and SOFEC® spread mooring system. MODEC will convert a VLCC tanker. The FPSO is expected to start the production in the field in the fourth quarter of 2008. The operational life of the FPSO is nine years with an additional six one-year options.

"MODEC is pleased to be working with Petrobras for another development in the Campos Basin," said Shashank Karve, President and CEO of MODEC International LLC.

"Of the 25 floating facilities that we have delivered, this will be our fourth FPSO project offshore Brazil and our third for Petrobras. We look forward to working with Petrobras and continuing to build relationships with the people of Brazil on this world-class project," said Kenji Yamada, President and CEO of MODEC, Inc.
Post Reply

Return to “MODEC”

Who is online

Users browsing this forum: No registered users and 2 guests