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TOYO Awarded FPSO Topsides Units for Brazil

Source: www.gulfoilandgas.com 1/11/2012, 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.(MODEC, President & Chief Executive Officer Toshiro Miyazaki) established in Singapore, has been awarded a contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system by MODEC’s Singaporean subsidiary, MODEC Offshore Production Systems (Singapore) Pte. Ltd.

The FPSO will be delivered to OSX 3 Leasing B.V., a subsidiary of OSX Brasil S.A., a privately owned Brazilian oil development company. It will be used in oilfield exploitation work at Waikiki Pero Inga fields owned by an OSX group of companies, OGX and situated in the BM-C-39 block of Campos Basin off the coast of Brazil.

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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 


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