MODEC, Mitsui, MOL and Marubeni to proceed with deepwater FPSO charter project in Brazil's pre-salt
Published by Nicholas Woodroof,
Based on these agreements, Mitsui, MOL and Marubeni will invest in Buzios5 MV32 B.V. (MV32), a Dutch company established by MODEC, and the companies will proceed with the project jointly. MV32 has entered into a long-term charter agreement for the deployment of the FPSO with Petrobras, the Brazilian state oil company. The FPSO will be chartered for 21 years under this charter agreement which was signed on 24 September 2019.
The FPSO will be named FPSO Almirante Barroso MV32 and will be deployed at the Búzios field located in the giant pre-salt region of the Santos Basin. The field is located approximately 180 km from Rio de Janeiro, in the southeast coast of Brazil. FPSO will be moored in 1900 m water depth, in 2022.
The project is the seventh occasion under which the companies have collaborated to operate FPSOs in Brazil.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/12112019/modec-mitsui-mol-and-marubeni-to-proceed-with-deepwater-fpso-charter-project-in-brazils-presalt/
You might also like
Equinor Energy AS concludes drilling of wildcat well 34/6-6 S
The well was drilled about 10 km north of the Visund field, and about 190 km northwest of Bergen.