Portuguese 
English 
Spanish 
2 min of reading 
This FPSO Will Be Destined for the Libra Field Under a 22-Year Contract Between MODEC and the State Company, We Still Need to Know Where It Will Be Built.
Modec Signs Agreement for the Construction of Another FPSO in Partnership with Mitsui and Marubeni. Hired on December 17 to build the unit for Petrobrás, Modec announced this Friday (11) the closing of agreements with the Mitsui group and Marubeni to make investments in the Mero 1 project. According to the terms of the partnership, Mitsui and Marubeni will invest in Libra MV31 B.V, a Dutch company created by Modec. Thus, the FPSO Mero 1, also called Guanabara MV31, will have 20% participation from Modec; 32.4% from Mitsui & Co.; 20.6% from Mitsui O.S.K. Lines; 17.6% from Marubeni, and 9.3% from Mitsui E & S Holdings.
The vessel will be chartered for 22 years to Petrobrás and will have the capacity to process up to 180,000 barrels per day of oil and 12 million cubic meters of gas per day. The Mero 1 field, located northwest of Libra, is approximately 180 kilometers from Rio de Janeiro. Modec continues to swim in the blue ocean due to its good performance in production, combined with the impossibility of participation from competitors involved in legal processes, still without a set date for signing leniency.
-
Nissan Frontier Attack 2026 hides under its darkened appearance a 2.3 biturbo engine, 4×4 traction, and multilink suspension that make the entry-level version seem much more expensive.
-
The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.
-
The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.
-
The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.
Unit Construction
We are only speculating, but based on what MODEC usually does, they should build part of the platform or convert some hull in Asia, and the modules and other equipment will be integrated at Brazilian shipyards, probably at Brasfels in Angra dos Reis, but these are just speculations; of course, we always hope for the best since our naval industry is quite saturated and China Is Winning All the Construction Contracts That Could Have Been Coming to the Brazilian Sector.
Be the first to react!