Keppel FELS Brasil has won a BRL 500m ($135.8m) contract to fabricate and install the topside production modules for a floating production storage and offloading (FPSO) vessel owned by Modec Offshore Production Systems (Singapore).
The BrasFELS shipyard will construct nine of the topside modules for the FPSO Cidade de Campos dos Goytacazes MV29, which is expected to arrive at the shipyard by the first quarter of 2017 to have the modules installed onboard.
The unit is expected to leave the yard during the third quarter of 2017, after which it will be deployed on a 20-year charter to Petrobras at the Tartaruga Verde and Tartaruga Mestiça fields, in the Campos Basin, off the coast of Rio de Janeiro.
Cidade de Campos dos Goytacazes MV29 will have processing capacity of 150,000 bpd of oil and 5m cbm of gas per day, plus 1.6m bbl of storage capacity for oil. The vessel is owned by a consortium comprised of Modec (29.4% ownership), Mitsui & Co (32.4%), MOL (20.6%) and Marubeni (17.6%).
“We are very pleased to work with BrasFELS on a fifth FPSO project as they have always delivered to our
satisfaction,” Sateesh Dev, executive managing officer of Modec, said in a release. “Three units, which have been completed safely and ahead of schedule, are operating successfully in their respective fields. We look forward to working with them on our latest two FPSO collaborations.”
Another Modec FPSO, Cidade de Caraguatatuba MV27, is expected to arrive at BrasFELS this quarter for integration and commissioning work, and will be deployed in the Lapa Field in the Santos Basin, Brazil.
The shipyard delivered another FPSO, Cidade de Itaguaí MV26, to Modec in mid-2015. Keppel said the unit achieved its first oil production four months ahead of schedule in the Iracema Norte area of the Lula field in offshore Brazil.
