Gulf Oil and Gas accountACCOUNT

MODEC Secures Award for OSX-3 FPSO

Source: www.gulfoilandgas.com 7/22/2011, Location: South America

MODEC, Inc. announced that OSX 3 Leasing B.V. has signed an EPCI contract for the supply of the OSX-3 FPSO, a Floating, Production, Storage, and Offloading (FPSO) unit to be utilized within block BM-C-39 of the Campos Basin, offshore Brazil, on the Waikiki Pero Inga fields. OSX 3 Leasing B.V. is a subsidiary of OSX Brasil S.A., an EBX Group Company. The Letter of Intent was issued to MODEC on June 1, 2011.

MODEC will be responsible for the engineering, procurement, construction, mobilization, installation, and commissioning of the FPSO, including topsides processing equipment, hull and marine systems, and the external turret mooring (designed and constructed by its subsidiary, SOFEC). The complete unit will be delivered to OSX in Brazilian waters in the third quarter of 2013, with a First Oil target of late September 2013 .The FPSO will be moored in approximately 110 meters water depth, have a storage capacity of 1.3 million barrels, be capable of processing 100,000 BOPD of heavy oil from the Campos Basin reservoir, generate approximately 60 MW of power, and provide for 150,000 BWPD of seawater treatment and injection.

This is MODEC's first FPSO for OSX 3 Leasing B.V. and is the eighth FSO/FPSO MODEC will provide in Brazil. MODEC is currently operating the FPSO Fluminense, the FPSO Cidade do Rio de Janeiro MV14, the FSO Cidade de Macae MV15, the FPSO Cidade de Niteroi MV18, the FPSO Cidade de Santos MV20, and the FPSO Cidade de Angra dos Reis MV22. MODEC is constructing the FPSO Cidade de Sao Paulo MV23, which is scheduled for delivery to the giant pre-salt region of the Santos Basin in the fourth quarter of 2012. "MODEC is very proud to be supplying our first unit to OSX 3 Leasing B.V. for use on OGX's Campos Basin fields. We are excited about the opportunity to work with this new Brazilian company," said Toshiro Miyazaki, President & CEO of MODEC, Inc.

FPSO Vessels and Equipment News in Brazil >>

Guyana >>  5/10/2019 - Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next pha...
Cyprus >>  4/29/2019 - Reference is made to the stock exchange release by SeaBird Exploration published on 11 April 2019 regarding the exclusive process to acquire the BOA V...

United States >>  4/24/2019 - Oceaneering International has taken delivery of the advanced subsea construction support vessel, Ocean Evolution. The vessel has completed sea trials ...
Brazil >>  4/23/2019 - OOS International and CIMC Raffles are pleased to announce that they have been awarded a 5-year contract for the flotel OOS Tiradentes by Petrobras. T...

Norway >>  4/23/2019 - Following the stock exchange notification published by Electromagnetic Geoservices (EMGS) on 28 March 2019, wherein the Company announced that it was ...
United States >>  4/22/2019 - Oceaneering International, Inc. (Oceaneering) is pleased to announce that the company has taken delivery of the advanced subsea construction support v...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |

Oil & Gas Projects in Brazil >>

More News

Related Links

AR BM BO BR CL CO CU EC FK GY MX PE TT UY VE
Gulf Oil and Gas
Copyright Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.