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Brazil: MODEC's FPSO Almirante Barroso MV32 for Brazilian 'pre-salt' region achieves First Oil and starts 21-year time charter

MODEC has announced that the FPSO Almirante Barroso MV32, deployed for production operations at the Búzios field in the giant pre-salt region of the Santos Basin off the coast of Brazil, achieved First Oil production on May 31, 2023. The FPSO is leased on a 21-year time charter contract to Petrobras.
Rio De Janeiro Estado Do Rio Brasileiro Sa Petrobras Soichi Ide Sofec Inc First Oil

Brazil: MODEC awarded contract by Equinor to supply the second FPSO in Brazil

MODEC has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia, a subsidiary of Equinor, to supply a Floating Production, Storage and Offloading (FPSO) vessel to produce the field cluster of Pao de Acucar, Seat & Gavea in the BM-C-33 block of the Campos Basin offshore Brazil.
Rio De Janeiro Estado Do Rio Pao De Acucar Estado De Pernambuco Equinor Brasil Energia Sofec Inc

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