Producing 220,000 Barrels Per Day, MODEC's FPSO Receives Approval for Project in Brazil

Producing 220,000 Barrels Per Day, MODEC’s FPSO Receives Approval for Project in Brazil

Written by Roberta Souza Published on 20/07/2024 at 08:02

Foto: Reprodução Petrosolgas

The Production, Storage, and Offloading Unit of MODEC Stands Out for Low Emissions and Will Be Installed at the Bacalhau Field

The Japanese provider of floating solutions, MODEC, celebrates the approval in principle (AiP) granted to its floating production, storage, and offloading (FPSO) by the classification society DNV for the Bacalhau Field. This Abatement notation allows the newly constructed FPSO to become a global benchmark for low emissions, being the first vessel of its kind to bear such certification.

Intended to operate in the ultra-deep waters of the Brazilian pre-salt, at the Bacalhau Field, this unit represents a significant milestone in terms of sustainability and energy efficiency, according to Offshore Energy website.

Bacalhau Project: A Billion-Dollar Investment

The FPSO Bacalhau, which will be deployed at the Bacalhau Field, received the green light after the final investment decision (FID) from Equinor, from Norway, in June 2021, involving an investment of US$ 8 billion. MODEC has been tasked with delivering this unit, marking the first application of the M350 hull, a new generation of hulls for FPSOs developed by the Japanese company.

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Sustainability and Low Emission

The vessel, measuring 364 meters in length, 64 meters in width, and 33 meters in depth, has a designed draft of 22.65 meters and a deck area of 17,400 square meters. These dimensions are equivalent to three standard football fields, positioning the FPSO Bacalhau at the forefront of the industry with the lowest carbon emissions per barrel of oil produced.

Eric Powell, Vice President and Director of Operations at MODEC Singapore, emphasized: “Receiving the DNV Abatement notation is a statement of our commitment to developing a sustainable future. We do our part in mitigating climate change by minimizing greenhouse gases and other emissions in our business operations and supply chain, and developing clean energy solutions to achieve global goals.”

Capacity and Operations

With a production capacity of 220,000 barrels per day, the FPSO Bacalhau will be deployed at the Bacalhau Field, located in the BM-S-8 and Carcará North licenses, in the pre-salt region of the Santos Basin, off the coast of Brazil. The forecast is that first oil will be extracted in 2025. Recoverable reserves, including the Bacalhau North area, are estimated at over two billion barrels of oil equivalent (boe). Equinor operates the field in partnership with ExxonMobil, Petrogal Brasil, and Pré-Sal Petróleo SA (PPSA).

2 Comments

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Luis Carlos Pepe

#25383

25/07/2024 11:01

Bom dia sou deseja projetista de tubulação naval e industrial em AutoCad 2D e 3D sou ex de Mauá trabalhei nos quatro petroleiros Celso Furtado Sérgio

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Inácio Quinta Sambo

#24487

21/07/2024 06:09

Quero fazer parte no projeto de Petróleo e Gás

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Producing 220,000 Barrels Per Day, MODEC’s FPSO Receives Approval for Project in Brazil

The Production, Storage, and Offloading Unit of MODEC Stands Out for Low Emissions and Will Be Installed at the Bacalhau Field

Bacalhau Project: A Billion-Dollar Investment

Sustainability and Low Emission

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Producing 220,000 Barrels Per Day, MODEC’s FPSO Receives Approval for Project in Brazil

The Production, Storage, and Offloading Unit of MODEC Stands Out for Low Emissions and Will Be Installed at the Bacalhau Field

Bacalhau Project: A Billion-Dollar Investment

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In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Júlia Pimentel, an 11-year-old from Minas Gerais, independently invented a new formula to calculate the square root using simple addition and multiplication, and her method was published in one of the most important mathematical scientific journals in Brazil.

They planted a sea of eucalyptus to produce cellulose, but the monoculture turned into a green desert, dried up springs and rivers, and pushed families out of regions in Minas Gerais and Bahia.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Heir bought 23,000 degraded acres in the Scottish Highlands, fenced the area, planted nearly 1 million native trees, and transformed empty mountains into a forest officially recognized after meeting 15 evaluation criteria over 20 years.

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