Petrobras signs letters for Modec floaters

By OGJ editors
HOUSTON, July 27 -- Brazil's state-owned Petroleo Brasileiro SA (Petrobras) signed letters of intent with Modec Inc., Houston, to supply a floating production, storage, and offloading platform (FPSO) and a floating storage, and offloading vessel (FSO) in the Campos basin.

Modec will operate the FPSO in Espadarte Sul field and the FSO will receive stabilized crude oil from Marlim Sul, Roncador, and Marlim Leste fields. The FPSO and the FSO are expected to be in place by yearend 2006.
T
he FPSO, a converted very large crude carrier, will be able to process 100,000 b/d of oil, compress 87 MMcfd of gas, inject 113,000 b/d of water, and store 1.6 million bbl of oil. Modec will lease and operate the FPSO for 8 years with an additional four 1-year option periods.

The FSO will be able to receive up to 630,000 b/d of oil and store 2.2 million bbl of oil, Modec said. Petrobras is working to improve the flow of crude oil from its offshore platforms in these fields (OGJ Online, Mar. 8, 2005).

Related Articles

BLM announces California oil, gas strategy as CCST issues report

08/29/2014 The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiv...

VAALCO updates operations offshore Gabon

08/29/2014

VAALCO Energy Inc. provided an update on its operations offshore Gabon.

India’s ONGC to invest in Daman development in Arabian Sea

08/29/2014 India’s Oil & Natural Gas Corp. will invest $864.5 million to enhance natural gas and condensate production from its Tapti Daman block in the A...

Nexen boosts CNOOC’s first-half production

08/29/2014 Nexen Energy ULC contributed 36.3 million boe during this year’s first half to CNOOC Ltd.’s total net oil and gas production of 211.6 million boe, ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected