The Name of the FPSO Will Be Anita Garibaldi MV33 Under Petrobras Contract. The Unit Will Operate for 25 Years
To provide to Petrobras, the presidents of MODEC, Mitsui, MOL, and Marubeni agreed this Thursday (30) to invest in a long-term charter business (“the Project”) currently promoted by MODEC with the goal of providing a Floating Storage and Offloading Unit (FPSO) for use in the Marlim field, offshore Brazil. The four companies above (“the Companies”) signed related agreements on January 30, 2020.
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Based on these agreements, Mitsui, MOL, and Marubeni will invest in Marlim1 MV33 B.V. (“MV33”), a Dutch company created by MODEC, and the companies will continue the project together. MV33 received a Letter of Intent for a long-term charter contract for the FPSO deployment in October 2019 from Petróleo Brasileiro S.A. or simply Petrobras. The FPSO will be chartered for 25 years under this charter contract.
The FPSO will be named FPSO Anita Garibaldi MV33 and will be deployed in the Marlim field in the Campos Basin. The field is located approximately 150 kilometers off the coast of Rio de Janeiro, in southeastern Brazil. The FPSO will be anchored at approximately 670 meters deep, in the year 2022.
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The project marks the eighth occasion in which the companies have collaborated to operate FPSOs in Brazil.
Basic Specifications of the FPSO MV33 Modec
- Oil Processing Capacity: 80,000 Barrels Per Day
- Gas Processing Capacity: 248 Million Cubic Feet Per Day
- Oil Storage Capacity: 1,000,000 Barrels
- Type of Mooring: Spread Moored (at a water depth of approximately 670 meters)
Shareholders of MV33
- MODEC, Inc.: 32.5%
- Mitsui & Co., Ltd.: 32.5%
- Mitsui O.S.K. Lines, Ltd.: 20.0%
- Marubeni Corporation: 15.0%

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