Petrobas awards FPSO contract for Brazilian project

Modec’s FPSO Kwame Nkrumah MV21 off Ghana.

Modec has been awarded a 22-year contract for the supply, charter, and operations of a floating production storage and offloading (FPSO) vessel by Petróleo Brasileiro (Petrobras) for its Libra Consortium project.

The Mero Pilot FPSO will be capable of processing 180,000 barrels of crude oil per day, 12 million cubic metres 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. The first oil production by the FPSO is planned for 2021.

The FPSO will be deployed at the Mero field in the giant pre-salt region of the Santos Basin, 180 kilometres off the coast of Rio de Janeiro, Brazil at a water depth of 2,100 metres.

Under the contract, Modec is responsible for the engineering, procurement, construction, mobilisation, installation and operation of the FPSO, including topsides processing equipment and hull and marine systems.

A Modec subsidiary Sofec will design and supply the spread mooring system.

The Libra Consortium comprises operator Petrobras (40 per cent), Shell Brasil (20 per cent), Total (20 per cent), CNPC (10 per cent) and CNOOC (10 per cent).

The newbuilding FPSO will be delivered with Brazilian local content.

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