Floating Production – A Growing Segment in Transition
in South Korea and Europe.Finally, we are seeing a trend of certain key players in the floating production segment to leverage their expertise for executing challenging and large projects in deep water into the floating wind space, including Petrobras, Shell, TotalEnergies, Equinor, CNOOC, SBM Offshore, MODEC and BW Offshore.Competing for the Same Supply ChainsThe growth in activity in both the floating production and the floating wind segments will drive increased demand for engineering services, shipyard and port capacity, mooring system supply, dynamic subsea cables and specialist installation vessels
MODEC Contracts Jumbo Offshore for FPSO Errea Wittu Job
Jumbo Offshore has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil. It will produce approximately 250,000 barrels of oil per day and will have gas treatment capacity of 540 million cubic feet per day, and water injection capacity of 350,000 barrels per day..MODEC Group was authorized to proceed with the engineering, procurement, construction and installation (EPCI) scope for the FPSO in May 2023, following a final
Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC
Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022.MODEC’s parent company, MODEC, Inc., will supply this facility to Woodside, for deployment in Senegal as part of the Sangomar Field Development Phase 1 project. This phase will target approximately 230 million barrels of crude oil.“The Sangomar Field Development Phase 1 FPSO Mooring Pre-Lay project is another significant mooring
Miko Marine Delivers Magnetic Blanking Set for Bacalhau FPSO
Brazilian offshore sector from its fabrication plant in Haugesund, Norway. However, the set is not going to Brazil, but to the DSIC yard in Dalian, China, where it will then be installed aboard a new Floating Production Storage and Offloading (FPSO) vessel being completed by Japanese FPSO specialist MODEC. Upon the completion of the construction, the new FPSO will be transferred to Equinor's recently sanctioned Bacalhau development offshore Brazil.According to Miko Marine, the new blanking set consists of four cofferdams that can be used for covering sea chests and three inlet pipe covers
OneSubsea Taps Siemens Energy for Bacalhau Subsea Sensors, Connectors
and efficient production. The subsea connectors form part of the distribution system and will provide low voltage power and communications to the subsea Xmas Tree production system. Installation and commissioning of the equipment are slated for 2022 and 2024.The Bacalhau development will include a Modec-supplied FPSO, with 140 kilometers of rigid risers and flowlines, 40 kilometers of umbilical, and 19 trees, as well as associated subsea equipment, in water depths of approximately 2050 meters
MODEC Sets Out to Reduce Cost of Floating Wind Turbines
Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works, and bigger players – including companies such as MODEC that have traditionally focused on oil and gas – are taking note. Evolving floater technologies will enable wind farms to move from coastal installations to more windy areas further offshore where they can obtain higher energy efficiency.Leveraging its experience
SRO Solutions Upgrades IBM Maximo for FPSO Player MODEC
UK-based tech company SRO Solutions has recently completed what it says is a "major digitization project" for the Japanese FPSO provider MODEC in Ghana where the company has two FPSOs deployed."The project, part of a series of high value digitization upgrades SRO has completed for the business since 2018, has resulted in a more efficient and accurate inventory for MODEC in Ghana streamlining its onshore headquarters in Accra with its vessels the FPSO Kwame Nkrumah (KNK) in the Jubilee Oil Field, and FPSO Professor John Evans Atta Mills (JAM) in the Tano Ennyera Ntomme (TEN) Oil Field
Subsea Integration Alliance in Bacalhau Field SURF Award
award. Subsea 7 defines a major contract as being over USD 750 million.Offshore installation activities are scheduled for 2022 and 2023. Bacalhau is Brazil’s first-ever integrated SPS and SURF project.Apart from the Subsea Integration Alliance deal, Equinor has signed an agreement with Japan's Modec for the supply of an FPSO for the Bacalhau field. The FPSO will be Brazil's largest ever.“Bacalhau is a world-class asset in the Brazilian pre-salt Santos area. Brazil is a core growth area for Equinor, and the company has ambitions of producing 300 to 500 thousand barrels a day in Brazil
Subsea 7 Wins 'Very Large' Sangomar Contract
be carried out by Subsea 7 GPC centers in Sutton and Suresnes, France. A base in Senegal will support the offshore campaign and conduct site receipt testing and equipment storage. Apart from Subsea Integration Alliance, other significant contracts announced Friday by Woodside are an FPSO order with Modec, and two rig contracts with Diamond Offshore
February 2024
