Trio agree on charter arrangement for Petrobras FPSO

Offshore staff

TOKYO – MODEC, Mitsui and Marubeni have committed to invest in a long-term charter business to provide an FPSO for Petrobras’ Tartaruga Verde and Tartaruga Mestiça oil fields offshore southeast Brazil.

In February, MV29 B.V., a Dutch company established by MODEC, entered an agreement with Petrobras for a 20-year charter of the vessel, to be named FPSO Cidade de Campos dos Goytacazes MV29.

During 4Q 2017, it will be moored in 765 m (2,510 ft) of water in the C-M-401 block concession, receiving production from the two fields, 125 km (78 mi) from Macaé.

Features will include:

Oil processing capacity 150,000 b/d

Gas processing capacity 176 MMcf/d

Oil storage capacity 1.6 MMbbl.


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