now loading...
Wealth Asia Connect Middle East Treasury & Capital Markets Europe ESG Forum TechTalk
Asia Connect
Japanese FPSO receives first oil in offshore Brazil
Modec vessel deployed at the Buzios field in pre-salt region of Santos Basin
Michael Marray 7 Jun 2023

Almirante Barroso MV32, a floating production storage and offloading (FPSO) vessel of Japanese offshore oil and gas services provider Modec, achieved its first oil production in offshore Brazil on May 31st.

The FPSO unit is leased on a 21-year charter contract to Petrobras. It is deployed for production operations at the Buzios field in the giant pre-salt region of Santos Basin.

Moored some 180 kilometres off the coast of Rio de Janeiro, at a water depth of approximately 1,900 metres, the FPSO is capable of processing 150,000 barrels of crude oil per day and 6,000,000 cubic metres of gas per day.

It is the 15th FPSO/FSO vessel that Modec has delivered to Brazil‘s oil and gas sector and the eighth for the pre-salt region.

Modec was responsible for its engineering, procurement, construction, and mobilization, including topsides processing equipment as well as hull and marine systems. Sofec, a unit of Modec, designed and provided the spread mooring system of the FPSO.

Conversation
Chaitanya Joshi
Chaitanya Joshi
Head of Financing and Securities Services, India
Standard Chartered
- WILL JOIN THE EVENT -
Exclusive Webinar
On the rise: Unlocking India's opportunities
Learn More
Conversation
Markus Thielen
Markus Thielen
head of research & strategy
Matrixport
- JOINED THE EVENT -
In-person roundtable
What next for digital assets
View Highlights