Floating Production Solutions
FPSO Cidade de Itaguaí MV26
(MODEC owns and operates)
The FPSO Cidade de Itaguaí MV26 is operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil at a water depth of around 2,240 meters.
MODEC converted the VLCC Alga into the FPSO. The FPSO is capable of processing 150,000 barrels of oil per day, 280 MM standard cubic feet of gas per day and has storage of 1,600,000 barrels of total fluids.
MODEC was responsible for the engineering, procurement, construction, mobilization and installation of the FPSO, including topsides processing equipment as well as hull and marine systems. SOFEC designed and provided the spread mooring.
The FPSO has achieved First Oil production on 31st July, 2015, 5 months ahead of the schedule anticipated under the contract. The FPSO is owned by a consortium comprised of MODEC, Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd., Marubeni Corporation and Mitsui E&S Holdings Co., Ltd., and chartered by Petrobras. MODEC provides the operation and maintenance service all through the period of 20 year charter contract.
|Unit Name||:||FPSO Cidade de Itaguaí MV26|
|Field Location||:||Iracema Norte area|
|Water Depth||:||2,240 m|
|Mooring Type||:||SOFEC Spread Mooring|
|Storage Capacity||:||1,600,000 bbls|
|Oil Production||:||150,000 bopd|
|Gas Production||:||280 mmscfd|
|Client||:||Petróleo Brasileiro S.A. (Petrobras)|
|Contract||:||EPCI + Time Charter|
|Scope of Work||:||Engineering, Procurement, Construction, Mobilization, Installation , Operation & Maintenance|
|First Oil||:||July 2015|
|Charter Period||:||20 years|
|Current Status||:||In Operation (MODEC owns and operates)|
Related Press Releases
- Sep. 1, 2015
- MODEC's FPSO Cidade de Itaguaí MV26 Achieves First Oil; 5 Months Early Delivery
- Mar. 22, 2013
- Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation to Participate in Ultra-Deepwater FPSO Chartering Project for Iracema North Area of Brazilian Offshore Pre-Salt Oil Field
- Nov. 13, 2012
- The Schahin Group and MODEC, Inc. land Iracema North FPSO for Petrobras and the companies of Consortium BM-S-11