View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
August 25, 2010

MODEC Signs FPSO Contract with Petrobras

Mitsui Ocean Development & Engineering Company (MODEC) has signed a letter of intent with Petrobras for the supply and operation of a floating production storage and offloading (FPSO) vessel. The company said the VLCC Radiant Jewel will be converted into the FPSO Cidade de

By cms admin

Mitsui Ocean Development & Engineering Company (MODEC) has signed a letter of intent with Petrobras for the supply and operation of a floating production storage and offloading (FPSO) vessel.

The company said the VLCC Radiant Jewel will be converted into the FPSO Cidade de Sao Paulo MV23 with a capacity to process 120,000 barrels of oil a day.

The vessel will be operated in the BM-S-9 (Guara) block in the Santos Basin region.

MODEC, together with Schahin, will provide the design, construction and operation of the FPSO, the company said.

The vessel is scheduled to be delivered by the end of 2012.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Ship Technology