Shell (SHEL) Tasks MODEC for FEED Contract Offshore Brazil
Shell (SHEL) awards a Front-End Engineering and Design contract to MODEC Inc. for a new FPSO system to work on the Gato do Mato ultra-deepwater development.
Source: yahoo.com
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Shell hires MODEC for deepwater FEED contract to advance "major" deepwater project offshore Brazil
MODEC will be responsible for the design of the hull and all related topsides facilities for the FPSO, which is projected to be moored by a SOFEC Spread Mooring system. The produced stabilized crude will be stored in the FPSO tanks, and the oil will be offloaded to shuttle tankers to go to market.
Source: worldoil.com