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Last Updated on 24
MODEC, one of the top FPSO companies in the world, secured Front-End Engineering and Design (FEED) for Shell's Gato do Mato Floating Production, Storage, and Offloading (FPSO) project in Brazil. The FPSO will be moored at a water depth of approximately 2,000m, some 250km off the coast of Brazil.
The FPSO will have a SOFEC Spread Mooring System, and MODEC will be in charge of designing the hull and all related topside facilities. Shell is still evaluating the proposed development solution for the project, and the final investment decision (FID) is expected in 2025.
The FPSO Gato do Mato would be the second unit delivered directly to Shell by MODEC for operation in Brazil. MODEC has previously delivered 16 FPSOs to Brazil and currently has two more under construction. The stabilized crude is stored in the FPSO tanks, and the oil is offloaded to shuttle tankers for distribution. MODEC President and CEO, Hirohiko Miyata, expressed delight in securing the FEED project, stating, "MODEC is proud to be working on its nineteenth FPSO for Brazil and our second for Shell in Brazil."
Under this contract, MODEC is tasked with the design of the hull and all related topside facilities for the FPSO. The FPSO will be moored at a water depth of approximately 2,000 meters, about 250 kilometers off the coast of Brazil. A SOFEC spread-mooring system will likely moor the FPSO. The FPSO will store the stabilized crude produced in its tanks, and the oil will then be offloaded to shuttle tankers for market distribution. This project is MODEC's 19th FPSO for Brazil and its second for Shell in Brazil.
| SOFEC Spread Mooring System |
| SOFEC spread mooring system is a type of mooring system used to keep offshore vessels, typically Floating Production Storage and Offloading (FPSO) units, in position. Unlike single-point mooring systems, which use a single connection point, spread mooring systems use multiple mooring lines attached to the seabed at various points around the vessel |
MODEC is responsible for the design of the hull and all related topside facilities for the FPSO. This includes the design and construction of topside processing equipment and hull machinery.
The FPSO will produce and store the stabilized crude in its tanks. The FPSO is designed to produce approximately 125,000 barrels of crude oil per day.
The stored oil will be offloaded to shuttle tankers for market distribution.
The FPSO is designed with a lifecycle of 25 years, ensuring long-term operation and production.
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News_Release 01st Apr 2024
News_Release 27th May 2024
