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Floating Production Solutions





In 2008 MODEC has been awarded a Frame Agreement from BP for the supply of an FPSO under an EPCI contract for the PSVM (Plutão, Saturno, Vênus and Marte) Development in Block 31 offshore Angola.

The FPSO have production capacity of 157,000 barrels per day. First oil was achieved in December 2012.

Unit Name : FPSO PSVM
Field Location : Plutão, Saturno, Vênus and Marte Fields
Country : Angola
Water Depth : 1,800 - 2,000 m
Mooring Type : SOFEC External Turret
Storage Capacity : 2,000,000 bbls
Oil Production : 157,000 bopd
New/Conv : Conversion
Client : BP Exploration (Angola) Limited
Contract : EPCI
Scope of Work : Engineering, Procurement, Construction, Installation
First Oil : December 2012
Current Status : Delivered