Modec Inc News

(Photo: Havfram)

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

Partners Aim to Advance Methane Harvesting Tech

and manufacturing of floating facilities.    MHWirth has significant expertise for subsea mining technology and offshore drilling systems including services.    This powerful collaboration will pave the way for the success of the hydrates harvesting.    In addition, MODEC, Inc. (MODEC), a leading specialist for Floating Production, Storage and Offloading (FPSO) systems for the offshore oil and gas production, will participate in the collaboration at the future stage to contribute toward the hydrate commercial harvesting with their established technology and long experience

Keppel Bags BRL 500 mln MODEC Project

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary, Keppel FELS Brasil SA's BrasFELS shipyard has been awarded a Floating Production Storage and Offloading (FPSO) module fabrication and integration project by its repeat customer MODEC Offshore Production Systems (Singapore) Pte. Ltd., a MODEC, Inc. group (MODEC) company, for a contract value of over BRL 500 million (SGD190 million). BrasFELS' work scope for this project comprises the fabrication and integration of nine topside production modules for the FPSO Cidade de Campos dos Goytacazes MV29. The vessel is expected to

FPSO Cidade de Itaguai MV26 (Photo: MODEC)

MODEC FPSO Achieves First off Brazil

MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract.   The FPSO is chartered by Tupi B.V., a subsidiary of Petroleo Brasileiro S.A. (Petrobras), under a 20-year lease and operation contract.   Moored 240 kilometers off the coast of Rio de Jeneiro at a water depth of around 2,240 meters, the FPSO is capable of processing  150,000 barrels of oil per

FPSO Charter Bussiness for Offshore Brazil Oil Fields

  MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil Fields Offshore Brazil MODEC, Inc., Mitsui & Co., Ltd. Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business (“the Project”) currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO”) for use in the Tartaruga Verde and Tartaruga Mestiça oil fields off the coast of Brazil.

FPSO Chartering Project for Brazilian Offshore Field

Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. & Marubeni Corporation to participate in Ultra-Deepwater FPSO Chartering Project for Brazilian Offshore Pre-Salt Oil Field MODEC, Inc. Mitsui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (FPSO)  for use in the Iracema Norte area of a pre-salt oil field off the coast of Brazil. Construction of the FPSO will involve the conversion of a VLCC (very large crude oil carrier), which will be renamed “FPSO Cidade de ITAGUAÍ

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