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Keppel’s Brazil shipyard bags FPSO project from MODEC

Keppel’s Brazil shipyard bags FPSO project from MODEC
Keppel FELS Brasil’s BrasFELS shipyard has clinched a FPSO module fabrication and integration project worth over BRL500m ($137.3m) from MODEC Offshore Production Systems (Singapore).

BrasFELS’ job scope for this project includes the fabrication and integration of nine topside production modules for the FPSO Cidade de Campos dos Goytacazes MV29, according to Keppel Offshore & Marine (Keppel O&M), parent of Keppel FELS Brasil.

The FPSO vessel is scheduled to arrive at the shipyard by the first quarter of 2017 for the integration phase.

When completed, the FPSO will have the capacity to process 150,000 barrels of oil per day and five million cu m of gas per day. The unit’s storage capacity is 1.6m barrels of oil.

The FPSO will be deployed at Tartaruga Verde and Tartaruga Mestica Fields in the Campos Basin off the coast of Rio de Janeiro, from the third quarter of 2017.

“We are very pleased to work with BrasFELS on a fifth FPSO project as they have always delivered to our satisfaction. Three units , which have been completed safely and ahead of schedule, are operating successfully in their respective fields. We look forward to working with them on our latest two FPSO collaborations,” said Sateesh Dev, executive managing director of MODEC.

BrasFELS’ current job for MODEC is the integration and commissioning of the FPSO Cidade de Caraguatatuba MV27, expected to arrive at the shipyard in the second quarter of 2016.