The OSX-3 FPSO is utilized within block BM-C-39 of the Campos Basin, offshore Brazil, on the Waikiki Pero Inga fields.

The FPSO is moored in approximately 110 meters water depth, have a storage capacity of 1.3 million barrels, be capable of processing 100,000 BOPD of heavy oil from the Campos Basin reservoir, generate approximately 60 MW of power, and provide for 150,000 BWPD of seawater treatment and injection.

MODEC was responsible for the engineering, procurement, construction, mobilization, installation, and commissioning of the FPSO, including topsides processing equipment, hull and marine systems, and the external turret mooring (designed and constructed by its subsidiary, SOFEC).

The FPSO has reached First Oil in December 2013.