MODEC Inc. (MODEC) has announced the successful acquisition of the Front-End Engineering and Design (FEED) contract for a Floating Production, Storage, and Offloading (FPSO) system to be deployed on Shell do Brasil Ltda’s (Shell) Gato do Mato development offshore Brazil, says an article published on vessel finder website.
Summary
- MODEC Inc. has secured the Front-End Engineering and Design (FEED) contract for a Floating Production, Storage, and Offloading (FPSO) system for Shell do Brasil Ltda’s Gato do Mato development offshore Brazil.
- The FPSO will operate in a water depth of around 2,000m, located approximately 250km off the coast of Brazil.
- MODEC will design the hull and associated topside facilities, with the FPSO anticipated to use a SOFEC Spread Mooring system for mooring.
- The FPSO will store produced stabilized crude and offload it to shuttle tankers for transportation to the market.
Project Details
The Gato do Mato FPSO will be positioned in a water depth of approximately 2,000m, situated approximately 250km off the coast of Brazil. MODEC will oversee the design of the hull and all associated topside facilities for the FPSO. It is anticipated that the FPSO will be moored using a SOFEC Spread Mooring system. The FPSO will store produced stabilized crude in its tanks, with the oil being offloaded to shuttle tankers for transportation to market.
MODEC’s Experience In Brazil
MODEC brings substantial experience to the project, having previously delivered sixteen (16) FPSOs to Brazil and currently having two (2) more under construction. The Gato do Mato FPSO will mark the second unit delivered directly to Shell by MODEC for operation in Brazil, solidifying a strong relationship spanning over two decades between the two companies.
Statement From MODEC President And CEO
Hirohiko Miyata, President and CEO of MODEC, expressed satisfaction in securing the FEED project, highlighting MODEC’s pride in working on its nineteenth (19th) FPSO for Brazil and the second for Shell in the region. He emphasized the milestone as a testament to the enduring partnership between MODEC and Shell, spanning more than 20 years, and conveyed excitement about the opportunity to conduct the FEED study for Shell.
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Source: Vessel Finder
Source: Vessel Finder