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FPSO Cidade de Itaguaí MV26

In Operation
(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
Country : Brazil
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
New/Conv : Conversion
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)