The vessel is the only one that has two flare towers and is capable of processing 150 barrels of oil per day

FPSO Cidade de Campos dos Goytacazes MV29 under construction at Keppel BrasFELS yard in Brazil. The FPSO is unique in that it has 2 flare towers. The unit is designated for operations in the Tartaruga Verde and Tartaruga Mestiça fields in the Campos Basin, off the coast of Brazil.

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Anchored approximately 125 km from Macaé, State of Rio de Janeiro, on the southeastern coast of Brazil, in a water depth of 765 m, the FPSO is capable of processing 150.000 barrels of oil per day, 176 million standard cubic feet of compression of gas per day and has a storage capacity of 1.600.000 barrels of crude oil.

This is the 12th vessel (FPSO / FSO) that MODEC has delivered to the Brazilian oil and gas sector, as well as the 10th vessel for Petrobras.

MODEC, Inc. owns the FPSO and provides the operation and maintenance service for the FPSO under a 20-year charter contract.

Renewable energy sources had a significant increase in the energy matrix in 2019

Communiqué from the MME show data on the increase in the share of renewable energy sources in the previous year's matrix.

Renewable energies, including hydroelectric, wind, solar and biomass energy, represented 46,1% of the energy matrix in 2019, an increase of 0,6% compared to the 2018 indicator. The value represents three times the world average. This information is from the Ministry of Mines and Energy, which published the 2019 Brazilian Energy Review.