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MODEC to Deliver Highly Complex FPSO for Equinor’s $9B Project Offshore Brazil

marinesalvage by marinesalvage
August 18, 2023
in Tug&Barge&Salvage
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MODEC to Deliver Highly Complex FPSO for Equinor's $9B Project Offshore Brazil
Credit: MODEC

Credit: MODEC

Japanese FPSO distributor MODEC has actually won an agreement with Equinor to supply an FPSO vessel for the BM-C-33 block of the Campos Basin offshoreBrazil

The order comes simply days after Equinor as well as its companions Repsol Sinopec Brasil, as well as Petrobras took the $9 billion financial investment choice to establish the BM-C-33 task inBrazil

Located in the Campos Basin, BM-C-33 consists of 3 various pre-salt explorations– Pão de Açúcar, Gávea as well as Seat– having gas as well as oil/condensate recoverable books over one billion barrels of oil matching.

“The FPSO is one of the most complex facilities in MODEC’s history, handling large volumes of exported gas with a major focus on GHG emissions reduction.” MODEC stated.

Apart from providing the FPSO, which is anticipated in 2027, MODEC will certainly likewise supply Equinor with procedures as well as upkeep solution of the FPSO for the very first year from its very first oil manufacturing, after which Equinor prepares to run the FPSO.

The FPSO will certainly be released at the area, situated in the titan “pre-salt” area at the southerly component of Campos Basin, roughly 200 kilometers off the coastline of Rio de Janeiro, as well as completely tied at a water deepness of roughly 2,900 meters.

The spread mooring system will certainly be provided by MODEC team business, SOFEC,Inc Equinor’s area companions are Repsol Sinopec Brazil (35%) as well as Petrobras (30%).

MODEC will certainly be accountable for the style as well as building of the FPSO, consisting of topsides refining tools as well as hull aquatic systems. The FPSO will certainly have topsides created to generate roughly 125,000 barrels of petroleum each day in addition to fruit and vegetables as well as export roughly 565 million common cubic feet of linked gas each day. Its minimal storage space capability of petroleum will certainly be 2,000,000 barrels.

The FPSO will use MODEC’s brand-new construct, complete dual hull style, created to suit bigger topsides as well as bigger storage space capability than traditional VLCC vessels, with a longer style life span.

“Taking advantage of this larger topside space, this FPSO will be the second fully electrified FPSO equipped with Combined Cycle System for Power Generation which significantly reduces carbon emission compared with conventional Gas Turbine driven systems,” MODC stated.

“We are extremely honored and proud to be selected to provide an FPSO for the BM-C-33 project,” commented Takeshi Kanamori, President as well as CHIEF EXECUTIVE OFFICER of MODEC. “We are equally proud of the confidence Equinor obviously has in MODEC. We believe this award represents a strong relationship of trust between us built upon the ongoing Bacalhau FPSO project as well as our robust track record in the pre-salt region. We look forward to cooperating closely with Equinor and partners to make this project a success.”

The FPSO will certainly be 18th FPSO/FSO vessel as well as 10th FPSO in the pre-salt area provided by MODEC in Brazil.

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