Brazil’s Petrobras has selected Japan’s MODEC for the delivery of an FPSO for its Sepia development in Brazil.
According to the Japanese floating production systems supplier, the contract for the supply, charter, and operations of the FPSO was signed on October 13, 2017. The firm charter period of the contract is 21 years.
The FPSO will be deployed at the Sépia field operated by Petrobras, located in the giant “pre-salt” region of the Santos Basin some 250 kilometers off the coast of Rio de Janeiro, Brazil at a water depth approximately 2,200 meters.
MODEC is responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems. A MODEC group company, SOFEC, Inc. will design and supply the spread mooring system.
The FPSO will be capable of processing 180,000 barrels of crude oil per day, 212 million standard cubic feet of gas per day, 240,000 barrels of water injection per day and has storage capacity of 1,400,000 barrels of crude oil.
This is the 13th FPSO/FSO vessel which MODEC will provide in Brazil, as well as MODEC’s 6th FPSO in the “pre-salt”