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    Alvaro Mejia
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    MODEC and Schahin Group were awarded a contract by Petrobras to supply, charter, and operate a Floating Production, Storage, and Offloading (FPSO) vessel for the Tartaruga Verde and Tartaruga Mestiça fields in the Campos Basin offshore Brazil. The FPSO will be capable of processing 150,000 barrels of oil and 176 million cubic feet of gas per day, with storage capacity of 1.6 million barrels of oil. Delivery is scheduled for the third quarter of 2017. This will be MODEC's 10th FPSO/FSO vessel and 12th unit in Brazil.

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    20141202 Pr Tartaruga En

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    MODEC and Schahin Group were awarded a contract by Petrobras to supply, charter, and operate a Floating Production, Storage, and Offloading (FPSO) vessel for the Tartaruga Verde and Tartaruga Mestiça fields in the Campos Basin offshore Brazil. The FPSO will be capable of processing 150,000 barrels of oil and 176 million cubic feet of gas per day, with storage capacity of 1.6 million barrels of oil. Delivery is scheduled for the third quarter of 2017. This will be MODEC's 10th FPSO/FSO vessel and 12th unit in Brazil.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    PR Tartaruga en

    Uploaded by

    Alvaro Mejia
    MODEC and Schahin Group were awarded a contract by Petrobras to supply, charter, and operate a Floating Production, Storage, and Offloading (FPSO) vessel for the Tartaruga Verde and Tartaruga Mestiça fields in the Campos Basin offshore Brazil. The FPSO will be capable of processing 150,000 barrels of oil and 176 million cubic feet of gas per day, with storage capacity of 1.6 million barrels of oil. Delivery is scheduled for the third quarter of 2017. This will be MODEC's 10th FPSO/FSO vessel and 12th unit in Brazil.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    MODECandSch

    hahinGrou
    upawarde
    edTartaru
    ugaVerde/TartarugaMestiaFPSO
    chartercontracttfromPettrobras

    Tokyo,D
    December2,2
    2014MODEEC,Inc.(MOD
    DEC)announ
    ncedtodayth
    hatMODECan
    nditsBraziliaanpartner
    SchahinG
    Grouphaveb
    beenawarded
    dacontractfo
    orsupply,chaarter,andoperationsofaFloating,Production,
    Storage,andOffloadin
    ng(FPSO)vessselfortheBM
    MC36blockk(TartarugaV
    VerdeandTarrtarugaMesticafields)
    intheCamposBasinb
    byPetrleoBrasileiroS.A.(Petrobras)).Thisannouncementisfu
    urthertotheLetterof
    Intent(LO
    OI)whichwassissuedonN
    November28,2014.

    TheFPSO
    OwillbedeployedatTartaarugaVerdeaandTartarugaaMestiafield
    dsintheBMC36blockin
    nthe
    CamposBasininwateerdepthof76
    65m.TheBMC36blockiss100%ownedbyPetrobraas.

    MODECaandSchahinG
    Groupareressponsiblefortheengineering,procurem
    ment,constru
    uction,mobiliization,
    installatio
    onandoperaationoftheFP
    PSO,includingtopsidesprocessingequipmentasweellashulland
    dmarine
    systems.SOFEC,Inc.,asubsidiaryo
    ofMODEC,w
    willdesignand
    dsupplythespreadmoorin
    ngsystem.

    TheFPSO
    Owillbecapaableofprocesssing150,000
    0barrelsofcrudeoilperdaay,176millio
    onstandardccubicfeet
    ofgaspeerday,200,0000barrelsofwaterinjectionperdayanndhasstoraggecapacityof
    fabout1,600,,000
    barrelsofcrudeoil.

    TheFPSO
    Odeliveryisscheduledintthe3rdquarteerof2017.

    "Weareveryhonored
    dtobeaward
    dedthememo
    orable10thFP
    PSO/FSOvessselfromPetro
    obras,aswelllas
    th
    Brazil,saidTToshiroMiyazzaki,Presiden
    ntandCEOofMODEC.Weearecommitttedto
    MODECss12 unitinB
    carryoutttheprojectaalongwithSchahinGroupinordertoco
    ontributetotthefoundatio
    onforthedevvelopment
    ofenergyyindustriesin
    nBrazil.

    TheSchaahinGrouphaasasignifican
    ntpresencein
    nthedrillingsservicesmarkketandhasbeeenworkingw
    with
    PetrobrasGroupandConsortiainw
    whichPetrob
    brashasbeenparticipatinggsince1982.TTheSchahinG
    Groupis
    pleasedttoexpandintoproduction
    nservicesviatthepartnersh
    hipwithMOD
    DECandPetro
    obras.
    HarueKobayash
    hi,
    Contact:H
    G
    GeneralManageer,GeneralAffairsDept.(Phone+81352901
    1200)

    mationcontaineedinthisnewsrreleaseistrueaandaccurateatthetimeofpub
    blication;howeever,itmaybessubjectto
    Theinform
    changewitthoutpriornotice.

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