Petrobras picks Modec-Schanin for FPSO gig

December 2, 2014

Petroleo Brasileiro S.A. (Petrobras) awarded Modec, Inc. and Brazilian partner Schahin Group a contract to supply, charter, and for the operation of a floating, production, storage, and offloading (FPSO) vessel for the Tartaruga Verde and Tartaruga Mestica fields offshore Brazil.

The FPSO Cidade de Mangaratiba.
From Schahin Group.

 

The FPSO will be positioned at the fields located in the BM-C-36 block in the Campos basin at a water depth of 2509ft.

Upon the terms of the agreement, the Modec-Schahin consortium is responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO, including topsides processing equipment as well as hull and marine systems. Modec’s subsidiary, Sofec, Inc., will design and supply the spread mooring system.

The FPSO is scheduled for delivery in 3Q 2017 and will be capable of processing 150,000b/d of crude oil, 176MMscf/d of gas, 200,000b/d of water injection and has the storage capacity of about 1.6MMbbl of of crude oil. According to Petrobras, the start-up of commercial production at the Tartaruga Mestica field is scheduled for 1Q 2018.

Tartaruga Verde is located 127km off Rio de Janeiro state, and is estimated to hold 230MMboe.Tartaruga Mestiça is located about 125km from the city of Macaé and is expected to produce oil and gas in Albian-age carbonate reservoirs.

Petrobras owns 100% of the BM‐C‐36 block.

This FPSO marks Model’s 12th unit in Brazil.

Modec converted the VLCC Sunrise J to the FPSO Cidade de Mangaratiba, which began production in the Petrobras-operated Block BM-S-11 in the Lula field, in November. The vessel was then contracted in September 2011 from the Schahin-Modec consortium under a 20-year charter.

Also in November, Petrobras announced it would install a permanent 4D seismic monitoring system at the 1500sq km Lula field, in the pre-salt Santos basin. Petrobras already installed similar systems in other areas of the Santos basin and at the Jubarte, Roncador, East Albacore, Barracuda, and Caratinga fields, in the Campos basin.

Read more:

SBM axes tenders with Petrobras

Petrobras starts Iracema production

Petrobras plans 4D seismic over Lula field



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