MODEC has secured the Front-End Engineering and Design (FEED) contract for a floating production storage and offloading system (FPSO) for Shell's development at Gato do Mato, offshore Brazil.
The FPSO Gato do Mato will be moored in water depths of approximately 2,000 meters, approximately 250 kilometers off the coast of Brazil.
MODEC will be responsible for designing the hull and all related facilities on top of the FPSO, which is designed to be moored by a SOFEC Spread Mooring system. The stabilized oil produced will be stored in the FPSO tanks and the oil will be unloaded into tankers to go to the market.
MODEC has already delivered 16 FPSOs to Brazil and currently has two more under construction. The FPSO Gato do Mato would be the second unit delivered directly to Shell by MODEC for operation in Brazil.
“MODEC is proud to be working on its nineteenth (19th) FPSO for Brazil and our second for Shell in Brazil. This milestone indicates the strong relationship between the two companies that has lasted more than 20 years. We are excited to conduct this FEED study for Shell,” said Hirohiko Miyata, president and CEO of MODEC.
Gato do Mato is a pre-salt oil and gas discovery in deep waters located in the Santos Basin. Shell is still evaluating the development solution for the project and the final investment decision (FID) for the project is expected in 2025.
