Gulf Oil and Gas accountACCOUNT

TOYO Wins a LOI to Offshore Brazil FPSO

Source: www.gulfoilandgas.com 11/1/2010, Location: South America

MODEC and TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation (TOYO, President and CEO Yutaka Yamada) and MODEC, Inc. (Chairman and CEO Kenji Yamada) and established in Singapore, has been awarded a letter of intent from MODEC for a topside processing facility to be installed on a floating production, storage and offloading (FPSO) system. The scope of the contract covers engineering, procurement, and fabrication and integration of modules. The first oil is forecasted for 1Q 2013, with efforts to anticipate to 2012.

This FPSO, with an oil production capacity of 120,000 BOPD, will be delivered offshore Brazil and used to develop the Guara offshore area in the BM-S-9 block under concession to the consortium comprised of the following three companies: Petrobras (45%), BG Group (30%) and Repsol (25%). This facility uses the environment-conscious Carbon Dioxide Capture and Storage (CCS) technology that dissociates CO2 in the produced gas and returns it to the reservoir.

FPSO Vessels and Equipment News in Brazil >>

United Kingdom >>  12/10/2019 - DOF Subsea has entered into a 2 month long contract with an international energy client in Africa. The project will utilise Skandi Seven and commence ...
Brazil >>  12/6/2019 - Solstad Offshore ASA has signed contract extensions for the two PSV’s Far Scotsman and Sea Brasil with Equinor Brasil Energia Ltda (Equinor) in Brazil...

Netherlands Antilles >>  11/22/2019 - SBM Offshore and Constellation Oil Services Holding S.A. (“Constellation”) jointly confirm that they have successfully completed the transaction regar...
United Kingdom >>  11/21/2019 - Maersk Supply Service has been awarded an integrated FPSO tow and mooring installation project for an operator in the North Sea. The work scope includ...

Argentina >>  11/20/2019 - Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce an expansion of the previously announced South America survey to two vessels. ...
Russia >>  11/20/2019 - Royal Boskalis Westminster N.V. (Boskalis) recently secured a handful of heavy marine transport services contracts. The contracts were awarded by a va...

Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

Oil & Gas Projects in Brazil >>

More News

Related Links

AR BM BO BR CL CO CU EC FK GY MX PE TT UY VE
Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.