Five Japanese Companies Will Collaborate To Construct Brazil's Petronas FPSO

- May 16, 2018-

Five Japanese companies will cooperate to build a Floating Production Storage Offloading Vessel (FPSO) for leasing to Petrobras. Mitsui & Co, Mitsui & Co., Mitsui, Marubeni, and Mitsui & Co., Ltd. have already reached an agreement with Japan’s Mitsui Marine Development Co. (MODEC) to invest in the FPSO leasing project. The FPSO will serve Brazilian Petroil's Mero oilfield in Brazil.  weld overlay flange

Under the agreement, Mitsui & Co, Mitsui & Co., Mitsui, Marubeni, and Mitsui & Co., Ltd. will invest in Libra MV31 B.V. (MV31), a Dutch company established by MODEC, and will work with MODEC to advance the FPSO project of Petrobras, Brazil.

Among them, MODEC will hold 20.1 % of the shares in the FPSO project, Mitsui & Co., Ltd. holding 32.4 %, Mitsui 20.6 %, Maruno business 17. 6 % and Mitsui shipbuilding 9.3 %.  pipe spooling

MV31 has signed a contract with Brazil's Petronas in December 2017 and will lease a FPSO for a period of 22 years. The FPSO will be named “Guanabara MV 31” and will be deployed in the Mero field in Brazil’s Libra block from 2021 onwards. It will be about 180 km from Rio de Janeiro and about 2,100 meters deep.

According to the requirements of the contract, MODEC will be responsible for the engineering, procurement, construction, commissioning, installation and operation of the FPSO and its upper module handling equipment together with the hull and ship systems. MODEC has entrusted the design and supply of the FPSO multi-point mooring system to the subsidiary company Sofec.weld overlay elbows

According to MODEC, the vessel can handle 180,000 barrels of crude oil, 12 million cubic meters of natural gas and 225,000 barrels of water per day, and can store 1.4 million barrels of crude oil. This is the 14th FPSO/FSO provided by MODEC in Brazil.