Modec Takes Delivery of Carioca MV30 FPSO

Bartolomej Tomic
Friday, November 13, 2020

Chinese shipbuilder Cosco Dalian has completed the construction of the Carioca MV30 FPSO for Japan's Modec.

The 332 meters long Carioca FPSO - converted from Flandre VLCC - will be deployed at the Sépia field operated by Petrobras, located in the “pre-salt” region of the Santos Basin some 250 kilometers off the coast of Rio de Janeiro, Brazil at a water depth of approximately 2,200 meters.

The FPSO will be capable of processing 180,000 barrels of crude oil per day, 212 million standard cubic feet of gas per day, 240,000 barrels of water injection per day, and has a storage capacity of 1,400,000 barrels of crude oil.

The contract for the delivery of the FPSO was awarded to Modec in Oct 2017. According to World Energy Reports, while conversion work was done by Cosco Dalian, the topsides modules fabrication was awarded to several facilities in China and Brazil. 

To remind, Keppel FELS Brasil in 2018 won a contract with Modec undertake the topside module fabrication and integration of the FPSO Carioca MV30.

Sofec will supply the spread mooring system. McDermott has the EPCI contract for subsea risers and flowlines.

Once at the location, off Brazil, the FPSO is expected to stay under the lease on the Sepia field for 21 years. Production from the Sepia field is scheduled for 2021. 

Per World Energy Reports, a monthly publication focused on the FPSO market, the charter + operating fee for the Carioca MV 30 FPSO is understood to be around $720,000 per day

MarineTraffic data show the FPSO is currently at anchor near Dalian, China. Per AIS, the FPSO's next destination is Singapore, where it is expected to arrive in the first week of December.

Categories: Offshore Energy Activity South America Asia Floating Production

Related Stories

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

ADES Nets $63M Contract for Compact Driller Jack-Up off Brunei

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Yinson Production Nets DNV Approval for New FPSO Hull Design

Brownfield Output Decline Accelerates, says IEA

DOF Secures Moorings Hook-Up Job in Asia Pacific

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Current News

Technip Energies Gets On Board Thailand’s First CCS Project

Eni Makes Significant Gas Discovery Offshore Indonesia

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Japan’s JERA Signs First Long-Term LNG Deal with India’s Torrent Power

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

CNOOC Puts New South China Sea Development Into Production Mode

ADES Nets $63M Contract for Compact Driller Jack-Up off Brunei

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com