MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Monday, April 28, 2025

MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.

MODEC and Sumitomo Heavy Industries signed a contract for the forward block of MODEC’s new generation hull for the Gato do Mato FPSO, according to the social media post by Soichi Ide, Group Head of Project Execution and Chief Digital Officer at MODEC.

“This collaboration enables a unique construction methodology that addresses the constraints in the availability of new building dock slots,” Ide said.

Shell hired MODEC for the operations and maintenance of the FPSO, which will be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.

MODEC is in charge of the design of the hull and all related topsides facilities for the FPSO, which will be moored by a SOFEC Spread Mooring system.

The agreement followed the execution of the Front-End Engineering Design (FEED) contract, which was awarded to MODEC in March 2024, and final investment decision (FID) for the project made by Shell Brasil Petróleo, a subsidiary of Shell, in March 2025.



When installed, FPSO Gato do Mato will be capable of producing 120,000 barrels of oil per day (BOPD), as well as associated gas and water, and will be moored at a water depth of approximately 2,000 m, around 200 km South of Rio de Janeiro.

Located in the Santos Basin, the Gato do Mato project is a pre-salt gas-condensate discovery that covers two contiguous blocks - BM-S-54, a concession contract entered into in 2005, and Sul de Gato do Mato, a production sharing agreement obtained in 2017.

Initial operations will involve the reinjection of natural gas for reservoir pressure support, with future optionality to export gas to onshore facilities.

The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo (PPSA) acting as the manager of the production sharing contract (PSC).

The consortium expects that the Gato do Mato field will start operations in 2029.

Categories: Industry News Activity Asia Oil and Gas FPSOs

Related Stories

Oil Holds Steady After US, Iran Agree to Cease Attacks

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Walking Into the Future: ADNOC Drilling Unveils First AI-Powered Island Rig

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Explosion at Qatar's Ras Laffan LNG Hub Injures 54, Leaves 18 Missing

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

Current News

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

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