Shell do Brasil Ltda (Shell) has hired MODEC Inc. to deliver the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system on the Gato do Mato development offshore Brazil.
MODEC said in a media release that it had previously delivered 16 FPSOs to Brazil, with two more under construction currently. The FPSO Gato do Mato would be the second unit delivered for Shell’s operations in Brazil.
The FPSO will be moored at a water depth of approximately 6,560 feet (2,000 meters), some 155.3 miles (250 kilometers) off the coast of Brazil. MODEC said it will be responsible for the design of the hull and all related topsides facilities for the FPSO. The unit, according to MODEC, is projected to be moored by a SOFEC Spread Mooring system.
The produced stabilized crude will be stored in the FPSO tanks and the oil will be offloaded to shuttle tankers to go to the market.
“MODEC is proud to be working on its nineteenth (19th) FPSO for Brazil and our second for Shell in Brazil. This milestone indicates the strong relationship between the two companies which now spans more than 20 years”, MODEC President and CEO Hirohiko Miyata said.
In its recently released Mid-term Business Plan 2024-26, MODEC said it will strive to further strengthen the profitability of its core FPSO business and strategically invest funds to decarbonize its FPSOs.
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