Oil exploration drillship underway off the coast of Brazil Photo: By marchello77 / Shutterstock
Tokyo-based offshore floating platform expert, MODEC Inc. has announced being awarded the Front-End Engineering and Design (FEED) contract for a new Floating Production, Storage and Offloading (FPSO) system for Shell’s Gato do Mato ultra-deepwater development located offshore Brazil.
The Gato do Mato FPSO will be moored approximately 250 kilometers off Brazil’s coast in a water depth of around 2,000 meters. MODEC’s role encompasses the design of the hull and all associated topside facilities. The FPSO is expected to be moored using a SOFEC Spread Mooring system.
The Gato do Mato FPSO will store the stabilized crude oil before it is transferred to shuttle tankers for transport to global markets.
MODEC has an established track record in Brazil, having already delivered sixteen FPSOs, with another two currently under construction. The Gato do Mato FPSO is set to be the second unit MODEC has delivered directly to Shell for Brazilian operations.
“MODEC is proud to be working on its nineteenth FPSO for Brazil and our second for Shell in Brazil,” said said President and CEO of MODEC, Hirohiko Miyata. “This milestone indicates the strong relationship between the two companies which now spans more than 20 years. We are excited about performing this FEED study for Shell.”
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 108,866 members that receive our newsletter.
Have a news tip? Let us know.
In a sweeping executive action on his first day in office, President Donald Trump has ordered an immediate halt to all offshore wind development on the U.S. Outer Continental Shelf...
By Kanishka Singh WASHINGTON, Jan 17 (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil...
Republican Congressman Jeff Van Drew says he’s been working with President-elect Donald Trump on crafting an executive order aimed at “halt[ing] offshore wind turbine activities” along the East Coast. “These...
Maritime and offshore news trusted by our 108,866 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
