Modec FPSO achieves first oil off Brazil

Modec’s Cidade de Mangaratiba MV 24 floating, production, storage and offloading (FPSO) vessel achieved first oil production in October in the BM-S-11 block, located in the giant pre-salt Santos basin, offshore Brazil.

The Cidade de Mangaratiba. From Modec.
 

The vessel is moored at the Lula field in the Iracemal Sul area in 2200m water depth. The Cidade de Mangaratiba is capable of processing 150,000b/d, 280MMcf/d of gas, and has a storage capacity of approximately 1.6MMbbl of crude oil.

The FPSO is under a 20-year lease and operation contract for the Petrobras subsidiary, Tupi B.V.

The Cidade de Mangaratiba is the ninth FPSO/FSO vessel Modec has in Brazil in addition to Modec’s third FPSO in the pre-salt after FPSO Cidade de Angra dos Reis MV22 and FPSO Cidade de Sao Paulo MV23.

At the beginning of December, Petrobras awarded Modec and its Brazilian partner Schahin Group a contract to supply, charter, and for the operation of a FPSO vessel for the Tartaruga Verde and Tartaruga Mestica fields, located in the Campos basin, offshore Brazil.

Read more:

Petrobras picks Modec-Schanin for FPSO gig

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