TOYO Wins FPSO Topsides Units Projects for Brazil

Source: www.gulfoilandgas.com 12/20/2012, Location: South America

MODEC and TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a Singapore joint company created by Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) and MODEC, Inc. (MODEC, President & CEO Toshiro Miyazaki), has been awarded a letter of intent from MODEC to install topsides units for a Floating Production, Storage and Offloading (FPSO) system.

This FPSO, named FPSO Cidade de ITAGUAI MV26, will be deployed to an offshore oil field, which is under concession to a consortium comprised of four companies including Petroleo Brasileiro S.A. (Petrobras). The offshore oil field is located in the pre-salt layer about 5,000 meters beneath the seabed of the Iracema North area (water depth: 2,240m), 300 km off the coast of Rio de Janeiro in Brazil. This FSPO will be installed in the area in the fourth quarter of 2015.


Brazil >>  6/27/2022 - A Memorandum of Agreement ("MoA") for the sale of the FPSO Cidade de Vitoria, now owned by Saipem and run for Petrobras in the Golfinho field offshore...
Australia >>  6/24/2022 - Höegh LNG Holdings Ltd. ("Höegh LNG") announces that Australian Industrial Energy (“AIE”) has lifted its final subjects for the FSRU contract which wa...

Brazil >>  6/24/2022 - BW Energy has signed an agreement to acquire the FPSO Cidade de Vitoria from Saipem for a cash consideration of USD 73 million. The transaction is sub...
Norway >>  6/23/2022 - OneSea Energy B.V. (“OneSea”) have entered into a Memorandum of Understanding (“MOU”) with Subsea 7 Limited (“Subsea 7”) in the field of floating offs...

Norway >>  6/20/2022 - HAV Group ASA’s subsidiary Norwegian Electric Systems AS (NES) has been contracted by Volstad Maritime to deliver the battery package and associated c...
Brazil >>  6/15/2022 - BW Offshore SPV PTE Ltd recently awarded Saipem a limited notice to proceed (LNTP) for early-stage engineering services for the supply of an FPSO (Flo...

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 


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