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  4. MODEC awarded EPCI contract for Bacalhau field FPSO

MODEC awarded EPCI contract for Bacalhau field FPSO

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Oilfield Technology,

Following Equinor's Final Investment Decision (FID) for an FPSO vessel for the Bacalhau field offshore Brazil, MODEC has been awarded the contract for Engineering, Procurement, Construction and Installation (EPCI) for the FPSO.

MODEC will also provide Equinor with operations and maintenance service of the FPSO for the first year from its first oil production, after which Equinor plans to operate the FPSO until end of the license period in 2053.

The FPSO will be deployed at the Bacalhau field in the BM-S-8 and Carcará North blocks located in the giant “pre-salt” region of the Santos Basin some 185 km off the coast of the municipality of Ilhabela/SP, in the state of São Paulo. Equinor’s field partners are ExxonMobil (40%), Petrogal Brasil (20%) and Pre-sal Petroleo SA (PPSA).

The FPSO vessel will be permanently moored at a water depth of approximately 2050 m by a spread mooring system to be supplied by MODEC group company, SOFEC, Inc.

The FPSO will be one of the largest FPSOs ever delivered to Brazil. It will have a large topside designed to produce up to 220 000 bpd of crude oil, produce and inject up to 530 million standard cubic feet of associated gas per day and inject up to 200 000 bpd of seawater. Its minimum storage capacity of crude oil will be 2 million barrels. As a remarkable point, the project will use a Combined Cycle Power Generation System as a solution to help reduce CO2 emission of the facility on the operational phase.

The FPSO will be the first application of MODEC's “M350 Hull”, a next generation new built hull for FPSOs, full double hull design, which has been developed to accommodate larger topside and larger storage capacity than conventional VLCC tankers, with a longer design service life.

The FPSO will be the 17th FPSO/FSO vessel delivered by MODEC in Brazil, the 9th FPSO in the pre-salt region, as well as MODEC’s first with Equinor.


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Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/03062021/modec-awarded-epci-contract-for-bacalhau-field-fpso/

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