MODEC FPSO hits first oil in Brazil on one of the longest charter contracts in company’s history

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MODEC, Inc. announced a significant milestone in its ongoing partnership with Petróleo Brasileiro S.A. (Petrobras) as the FPSO Anita Garibaldi MV33 successfully achieved first oil production on August 16, 2023. The vessel, now operational at the Marlim field in the Campos Basin off the coast of Brazil, marks a 25-year time charter contract, one of the longest in MODEC’s history.

“This is MODEC’s 14th project in partnership with Petrobras. We are proud to deliver the FPSO Anita Garibaldi MV33, which will play a critical role in Petrobras’ revitalization project in the Campos Basin,” said Soichi Ide, President and Chief Executive Officer (CEO) of MODEC Offshore Production Systems (Singapore) Pte. Ltd.

The FPSO represents a key element in Petrobras’ efforts to enhance and extend its operations in the Campos Basin. Jean-Paul Prates, Petrobras CEO, emphasized the significance of the FPSO’s entry into the Marlim field, stating, “The implementation of the new platforms in the Marlim field this year represents greater longevity for our operations in the Campos Basin, whose production will increase significantly with the entry of the FPSO Anita Garibaldi. This project to revitalize the basin represents yet another learning experience for us, as well as an opportunity to contribute even more to the development of the region, as well as the local goods and services industry that serves us.”

Petrobras pledges US$18 billion investment to transform Campos Basin | OilNOW

The FPSO Anita Garibaldi MV33 is the 16th FPSO delivered by MODEC for the Brazilian oil and gas sector. MODEC was responsible for the vessel’s engineering, procurement, construction, and mobilization, encompassing topsides processing equipment, hull, and marine systems. SOFEC, Inc., a MODEC group company, handled the design and procurement of the spread mooring system for the FPSO.

Moored approximately 150 kilometers off the coast of Rio de Janeiro, at a water depth of about 670 meters, the FPSO boasts the capacity of processing 80,000 barrels of crude oil and 7,000,000 cubic meters of gas per day. Moreover, it offers a storage capacity of up to one million barrels of crude oil.

The topsides of the FPSO weigh more than 40,000 tons, making it the largest installation of its kind that MODEC has executed to date. Notably, the FPSO Anita Garibaldi MV33 is the first from MODEC to employ the separation tank concept, utilizing the vessel’s cargo oil tanks to handle large volumes of produced water, up to 270,000 barrels per day, in the oil/water separation process.

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