Modec Wins FPSO Construction Gig from Libra Consortium

Japanese supplier and operator of offshore floating platforms Modec has been hired by a Petrobras-led Libra consortium to build and operate a floating production storage and offloading (FPSO) vessel.

Under the terms of the deal, Modec is responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems. Sofec, a Modec company, has been entrusted with the design and supply of the spread mooring system.

The FPSO will be capable of processing 180,000 barrels of crude oil per day, 12 million cubic meters of gas per day, 225,000 barrels of water injection per day and will have storage capacity of 1,400,000 barrels of crude oil, Modec said.

The vessel is intended for deployment at the Mero field in the giant “pre-salt” region of the Santos Basin some 180 kilometers off the coast of Rio de Janeiro, Brazil at a water depth approximately 2,100 meters.

The first oil production by the FPSO is planned for 2021.

The Libra consortium is formed by Petrobras (operator, 40 pct), Shell Brasil (20 pct), Total (20 pct), CNPC (10 pct) and CNOOC Limited (10 pct), and state-owned Pré-Sal Petróleo S.A. (PPSA), as manager of the production sharing contract.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >