The Bijupirá and Salema oil fields development in the Campos Basin, offshore Brazil was the first full field, turnkey project undertaken by MODEC. MODEC executed the project for Shell under one single-point responsibility.

The contract included the conversion of a ULCC tanker to an FPSO which is capable of processing 81,000 barrels of oil per day and compressing 75 million cubic feet of natural gas per day. MODEC's work scope also included the supply, installation and startup of all subsea equipment, subsea manifolds, flowlines, risers and umbilicals.

The two fields, Bijupirá and Salema, are located in water depths ranging from 480 m to 880 m, with the FPSO Fluminense installed between the two fields in 740 m water depth. Artificial gas lift is required to lift the reservoir fluids to the surface for processing. Reservoir pressure is maintained by injecting high-pressure water back into the reservoir to assist oil recovery.

The FPSO is moored with an external turret that supports 15 risers and 3 umbilicals, while allowing for future field expansion and tie-ins.

Installation was completed in 2003. Upon Shell acceptance of the facility, MODEC began a separate agreement to operate the entire system under a production incentive formula.