Modec Fpso Award

SOFEC designed and constructed an external turret mooring system to moor a 357,000 dwt MODEC converted FPSO in 970m (3,148ft ) water depth. Trelleborg’s offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, a leading specialist for offshore floating solutions. It is reported that COSCO Dalian Shipyard has signed 4 tanker-based FPSO conversion projects with MODEC. has issued a project bond in the international capital markets outside Japan to refinance a Floating Production Storage and Offloading (FPSO) vessel chartered to the TUPI consortium led by Petróleo Brasileiro S. Analysts on Wall Street predict MODEC will release earnings per share of ¥46. Barossa Partners Award Gas Export Pipeline Contract. FEED activities for the subsea contract and for the FPSO facility have been awarded to Subsea Integration Alliance and MODEC International Inc, respectively. This SOFEC spread mooring system will be ABS classed. and Offloading (FPSO) unit, Cidade de Caraguatatuba MV27, safely in June 2016, on time and to the highest quality for MODEC Offshore Production Systems (Singapore) Pte. The vessel was converted in Singapore and in September 2015, the vessel was officially named ‘FPSO Prof. The FPSO is on schedule for first oil in 4th quarter 2014. Modec International Inc. Petrobras awards Sepia FPSO Floater to begin production from pre-salt field in 2021. See the complete profile on LinkedIn and discover Syed Shawer’s connections and jobs at similar companies. John Evans Atta Mills’, after the late Ghanaian president who oversaw First Oil from Ghana’s Jubilee Field in 2010. Purchase of FPSO Raroa announced; MODEC awarded operations contract. MODEC to supply FPSO for BP's Angola Block 31 Source: www. Guyana to pay almost US$3B to lease two oil storage vessels. SBM Receives LOIA from Shell to Supply FPSO for Fram Field. "This most recent award represents a continued strong relationship of trust between our client Petrobras and us, and it strengthens our leading position. The FPSO is on schedule for first oil in 4th quarter 2014. Salaries posted anonymously by MODEC employees in Singapore. Prosafe picks up key MODEC deal for Brazil market. MODEC Awarded Letter of Intent by Petrobras Related to Búzios 5 FPSO Thursday 20 June 2019. The firm time charter period of the contract is 21 years. FPSO market is booming with Brazil fueling demand. 11 salaries for 11 jobs at MODEC in Singapore. Award contract by Technip Australia for the assembly of 3 modules for MODEC and Mutineer 1999 The first complete module fabrication work project for three topside modules for FPSO Espadarte, awarded by SBM. Business. On August 1, MODEC will be reporting earnings Q2. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract. This is the 11th FPSO/FSO vessel which MODEC will provide and operate in Brazil, the 5th one to designated to pre-salt and has a contract life of 20 years without dry-docking. First oil is targeted in 2022. The firm time charter period of the contract is 21 years. gulfoilandgas. Keppel's BrasFELS Shipyard Delivers FPSO to MODEC zoom Keppel Offshore & Marine's subsidiary Keppel FELS Brasil's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a floating production storage and offloading (FPSO) vessel, to MODEC Offshore Production Systems (Singapore), an EPCI arm of the MODEC group. has signed an EPCI contract for the supply of the OSX-3 FPSO, a Floating, Production, Storage, and Offloading (FPSO) unit to be utilized within block BM-C-39 of the Campos Basin, offshore Brazil, on the Waikiki Pero Inga fields. ### Contacts. The FPSO is capable of processing 100,000bpd oil and has a storage capacity of 1. Shaun Giam likte dette. Turret Mooring Design - Some Challenges and Solutions - Free download as Powerpoint Presentation (. SBM Offshore, Modec and Yinson are three key FPSO players with strategic partnerships (with Mitsui, Mitsubishi and Sumitomo) that are constantly participating for tenders. 'This most recent award represents a continued strong relationship of trust between our client Petrobras and us, and it strengthens our leading position as an offshore oil and gas production service provider in Brazil. The FPSO award for TEN represents a significant milestone for MODEC in assisting Tullow and its partners to develop a world class oil field while also strengthening MODEC's involvement in the development of oil exploration and production infrastructure in West Africa. Tsatsu Tsikata, former Chief Executive of the Ghana National Petroleum Corporation (GNPC), in the award of the FPSO contract by Tullow to MODEC in July 2008. upstream & technical services 2013-2014 Master in Petroleum Engineering and Operations Operating models in the FPSO business Author: Ismael Guerrero San Donato Milanese 13-14-15 October 2014. (MODEC) is pleased to announce that it has signed the contract for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel with Petroleo Brasileiro S. Woodside Energy has awarded MODEC International Inc the FEED contract for the SNE Field Development Phase 1 FPSO facility. The most likely upcoming awards have a combined capex of almost $7 billion: Libra & Sepia FPSOs (Brazil), Lancaster FPSO (UK), Johan Castberg FPSO (Norway), and SBM’s Fast4Ward speculative FPSO hull. MODEC, FPSO Kwame Nkrumah MV21 and FPSO John Evans Atta Mills MV25 NDT + RA Inspection - MODEC Ghana Responsibilities: - Data report management, processing and generation for NDT projects on MV21 and MV25 for both API piping/pressure vessel and structural inspections (CVI, UTM, MPI, ET);-COABIS/AIMS reports training and system data clean up. Brazil: OSX Awards MODEC USD 800 Million FPSO EPCI Contract OSX Brasil S. com is a new website which has been designed to provide credible information and news content to readers especially players in the energy sector in Ghana, Africa and beyond. Subsea and FPSO FEEDs are now complete. engages in the design, construction, installation, sales, lease and operations of floating production systems. SBM Offshore: The Spark That Will Light Up The Oil. First oil was achieved on October 29, 2003, approximately 18 months after contract award. The FPSO is expected to have a capacity of around 100,000 bbl/day, with first oil targeted in 2022. This estimate is based upon 1 MODEC Project Manager - Fpso and FSO Conversion salary report(s) provided by employees or estimated based upon statistical methods. The BOT model is also being applied by ExxonMobil in Guyana on its high-profile Liza Phase 2 FPSO project. Without gazing too far into our crystal ball, between 2-4 FPSO awards can be expected in the latter quarter of 2016. MODEC, Inc. Expectations are for them to be disciplined in bidding and execution, winning two to three new jobs this year, a realistic target in our view, without triggering operational risk. The JV Partners have also agreed to install a Catenary Anchor Leg Mooring (CALM) buoy for offtake from the FPSO and a contract award has been made. The FPSO will be deployed at the Sépia field operated by Petrobras, located. The leading global oil, gas and energy news resource. MODEC converted a ULCC (ultra large crude carrier) tanker into the FPSO and was responsible for the engineering, procurement, construction, mobilization, installation and commissioning of the unit, including topsides processing equipment as well as hull and marine systems. ’s tension-leg platform (TLP) planned for its deepwater Stampede development in the Gulf of Mexico (GoM). (Petrobras) for Búzios 5. This map represents the projects most likely to be awarded globally between 2016-2018. Award FPSO Liza ExxonMobil FPSO lease contract award for next phase Liza project in Guyana confirmed on June 22nd, 2017 First major FPSO award in the industry over last 18 months Contract duration of 10 years with future extension options up to total of 20 years Expected start-up by 2020 source: ExxonMobil website source: SBM Offshore. Following the Jubilee Phase 1 FPSO award along with the recently awarded FPSO to be installed offshore Angola, MODEC will have operations in Ghana, Angola and Cote d'Ivoire with additional MODEC supplied facilities operating in Nigeria, Equatorial Guinea, Cameroon and Gabon. STOCKHOLM - Trelleborg's offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, a leading specialist for offshore floating solutions. Goliat FPSO is owned and operated by Vår Energi AS. MODEC says that Mitsui, MOL, Marubeni, and MES have agreed to invest in a long-term charter business, Sepia MV30 B. "This most recent award represents a continued strong relationship of trust between our client Petrobras and us, and it strengthens our leading position. 's FMC Energy Systems unit and MODEC International LLC the key $270 million contract to build the floating. , headquartered in Japan, is an owner, operator and EPCI general contractor of floating production systems including Floating Production Storage and Offloading (FPSO) units, Floating Storage and Offloading (FSO) units, Floating Liquefied Natural Gas (FLNGs), Tension Leg Platforms (TLPs), Semi-Submersibles. ACIEVEMENTS HSEQ Lead for conducting site assessment, Subcontractor prequalification, competency and capability assessment leading to the Local content capability proposal of the MODEC Inc bid for the Tullow Ghana TEN project FPSO EPCI and O&M bid and successful award of the TEN project EPCI and O&M to MODEC Inc. Modec, for one, had to drop a Marlim FPSO bid when offered the Buzios 5 FPSO. The contract is for a 15-year lease. Yinson Holdings Bhd (Jan 12, RM4. FPSO contractors Modec and SBM, for example, have strong order backlogs with four FPSOs in construction, and both have several imminent awards. SBM offshore has confirmed a contract award for construction, installation and operation for up to two years of the Liza Unity FPSO, for the next Liked by Philippe Marchandin « Je m'incline devant la mémoire du maître Cédric de Pierrepont et du maître Alain Bertoncello, officiers mariniers du commandement des opérations. The first delivery was in July 2019 and the bearings will be installed on a Floating Production Storage and Offloading (FPSO) vessel for use in the Area 1. Petrobras Signs LoI for Libra FPSO Libra Consortium has signed a letter of intent with Odebrecht/Teekay (OOG-Teekay), winner of a tender process, for the charter of a FPSO-type platform (floating production, storage and offloading) designed for the extended well test campaign of Libra, in the Santos Basin pre-salt deposits. Govindaraj Anandhan liked this. The FPSO was nominated for an award at OTC in 2006. A third contract, for the subsea infrastructure including umbilicals, flowlines,. (MODEC) announced today that OSX 3 Leasing B. MODEC has been awarded a contract by BHP Billiton for the supply and operation of an FPSO to be located in Australia's Pyrenees field. It is one of the deepest FPSOs in the world. Modec wins FPSO deal for one of world's largest deep-water Japanese firm Modec has been awarded a contract to design and build an FPSO for one of the world’s. MODEC is being investigated by the US authorities for the award of a contract to Strategic Oil and Gas Resources Limited which is partly owned by former GNPC boss Tsatsu Tsikata. The FPSO. FPSO Market, By Type, By Water Depth - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021 News provided by Reportlinker. engages in the design, construction, installation, sales, lease and operations of floating production systems. Japanese firm Modec has been awarded a contract to design and build an FPSO for one of the world’s largest deep-water oil discoveries. MODEC is seeking to recruit an Operations Superintendent. , a MODEC group company, will design and supply the spread mooring system for the floating unit. 30 years experience has taught us the importance of thorough engineering, trust and teamwork. It is reported that COSCO Dalian Shipyard has signed 4 tanker-based FPSO conversion projects with MODEC. FEED for the FPSO facility will be conducted as a design competition between two contractor groups. Takoradi Base Manager (Turret remediation project), Modec International Inc. The Build Operate transfer (BOT) model is being applied by ExxonMobil in Guyana on its high-profile Liza Phase 2 FPSO project. "At this time, we are extremely honored that MODEC has been awarded the contract for the first chartered FPSO to be deployed at Búzios field," commented Yuji Kozai, President and CEO of MODEC. This will be the 5th FPSO deployed at the Búzios field, however it is the first chartered production unit for the. Oil & Gas News. MODEC has designed and built 42 Floating Production and Storage solutions for the Oil & Gas Industry in the last 30 years and currently owns and operates 18 FPSOs and FSOs world-wide. Photo: courtesy of rawpixel/Unsplash. ("Petrobras") for Búzios 5. Join us in September as we put together 70+ industry discussions across 6 dedicated streams focused on commercial, technical and operational - providing you with the latest market intelligence, up-to-date review of breakthroughs in FPSO design. has announced that its subsidiary, MODEC International Inc. Download with Google Download with Facebook or download with email. is pleased to announce that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro S. View Janaina Santos’ profile on LinkedIn, the world's largest professional community. 1 Billion Secured Notes to Refinance Brazilian FPSO | White & Case LLP. SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited has awarded the Company contracts for a Floating Production, Storage and Offloading vessel (FPSO) for the Liza development and production in Guyana. 7 meters in depth, 58. MODEC Awards Trelleborg Fast-Track Contract for ENI Mexico Area 1 FPSO Trelleborg’s offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for. Trelleborg's offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, the leading specialist for offshore floating solutions. “At this time, we are extremely honored that MODEC has been awarded the contract for the first chartered FPSO to be deployed at Búzios field,” commented Yuji Kozai, President and CEO of MODEC. About MODEC International LLC: MODEC has been in operation since 1968 and has accumulated valuable experience with EPIC and long term lease operations of floating facilities around the world. Eni estimates that there are approximately 2 billion barrels of hydrocarbons in Area 1. gulfoilandgas. Takoradi Base Manager (Turret remediation project), Modec International Inc. The first delivery was in July 2019 and the bearings will be installed on an FPSO vessel for use in the Area 1 block offshore Mexico. ), responsible for the specifications and datasheets development, vendor document review and technical bid evaluation, meeting with vendors and client to sure the project requirements conformance. MODEC has commissioned MAN Energy Solutions to supply six gas compressor trains for a new FPSO vessel in the Gulf of Mexico. Fleets: FPSO Cidade de Niterói MV18, FPSO Cidade de Santos MV20, FPSO Cidade de Mangaratiba MV24 To coordinate with project management / engineering team for engineering and construction method of project; To work out construction / installation plan to comply with HSEQ requirement; To manage / arrange manpower, equipment, material for execution of scope of work. Govindaraj Anandhan liked this. This will be the 5th FPSO deployed at the Búzios field, however it is the first chartered pr. Prosafe picks up key MODEC deal for Brazil market. MODEC, the world top class FPSO/Floater Contractor, enjoys a dominant FPSO market share in Pacific/SEA region and is further expanding its market share in West Africa and Latin America. The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil. A cracked hull in a Brazilian FPSO, the Cidade do Rio de Janeiro, has caused an oil spill around 130km (81 miles) off the coast of Brazil in the Espadarte oil field in the Campos Basin. Modec award confirmed as Petrobras approves Libra-1 Japanese contractor to provide FPSO for use in Mero field as Brazilian state giant and partners approve development. “As a result, both contractors have been increasingly selective in bidding on new contracts,” the report’s authors say. MODEC Supplier Prequalification 11 Supplier Prequalification Summary and Background The following slides explain the process through which Suppliers and Sub-suppliers are prequalified to bid / supply products for MODEC International, Inc. Our DP3 fleet supports oil & gas field developments: Project engineering, installation, construction, lifting, pipelay, decommissioning. your username. Of the 19 FPSO jobs that could possibly be awarded this year, two or three will be for leased units and nine awards will comprise large-size FPSO (with a capex size of over US$1 billion). MODEC previously performed engineering, procurement, construction, installation and commissioning of the FPSO, with SOFEC designing and supplying the spread mooring system. pdf), Text File (. It is one of the deepest FPSOs in the world. SNE Development awards contract of FPSO for SNE Field offshore Senegal FAR Limited (ASX: FAR) as part of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture has awarded MODEC International Inc the front-end engineering design (FEED) contract for the SNE Field Development floating production storage and. The FPSO was nominated for an award at OTC in 2006. Following an extensive bid process, separate FPSO FEED contracts have been awarded to MODEC and to a consortium between TechnipFMC and Samsung Heavy Industries. ACIEVEMENTS HSEQ Lead for conducting site assessment, Subcontractor prequalification, competency and capability assessment leading to the Local content capability proposal of the MODEC Inc bid for the Tullow Ghana TEN project FPSO EPCI and O&M bid and successful award of the TEN project EPCI and O&M to MODEC Inc. The ship is spread moored in 2220 m water depth. We expect 10-15 FPSO awards in 2012 23 Forecast 2012 FPSO awards by operator Field Region Operator Ownership Palas Africa BP Own Gehem Asia-Pacific Chevron Own Gendalo Asia-Pacific Chevron Own Chissonga Africa Maersk Oil Lease OSX FPSO Brazil OGX Lease OSX FPSO Brazil OGX Lease Aruana Brazil Petrobras Lease Transfer of Rights Brazil Petrobras Own. Modec also is building a tension leg platform for BHP Billiton destined for the Gulf of Mexico. SBM MODEC No. By Rystad. Job Summary • Develop key performance indicators for the Operations area and ensures that they are monitored and acted on. , headquartered in Japan, is an owner, operator and EPCI general contractor of floating production systems including Floating Production Storage and Offloading (FPSO) units, Floating Storage and Offloading (FSO) units, Floating Liquefied Natural Gas (FLNGs), Tension Leg Platforms (TLPs), Semi-Submersibles. Japan's MODEC has received a letter of intent (LOI) for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel for Petrobras for Búzios 5 field offshore Brazil. MODEC Salaries trends. MODEC is owner and operator. Petrobras Signs LoI for Libra FPSO Libra Consortium has signed a letter of intent with Odebrecht/Teekay (OOG-Teekay), winner of a tender process, for the charter of a FPSO-type platform (floating production, storage and offloading) designed for the extended well test campaign of Libra, in the Santos Basin pre-salt deposits. The LEAP Award has been momentous in recognizing teachers. The Build Operate transfer (BOT) model is being applied by ExxonMobil in Guyana on its high-profile Liza Phase 2 FPSO project. This will be the 5th FPSO deployed at the Búzios field, however it is the first chartered production unit for the. The production floater is earmarked for one of three gas field developments Reliance is pursuing offshore India. com SBM OFFSHORE, MODEC, MAERSK, BW OFFSHORE, PETROFAC, BLUEWATER & TEEKAY Luring over 350 attendees last year, the. Côte d'Ivoire. " Tags: MODEC, Tullow Oil plc. On November 6, MODEC will report earnings from the last quarter. The compressor trains are to be used in gas production on a new FPSO (Floating Production Storage and Offloading) vessel, which will be supplied, owned and operated by MODEC, a leading Japanese offshore oil and gas production service provider. "This most recent award represents a continued strong relationship of trust between our client Petrobras and us, and it strengthens our leading. FPSO (T/C) (O&M) (T/C) Oceania FPSO MODEC Venture 11 FPSO Stybarrow Venture MV16 FPSO Raroa FPSO Pyrenees Venture (T/C) (O&M) (T/C) Brazil FPSO Cidade do Rio de Janeiro MV14 FPSO Cidade de Niteroi MV18 FSO Cidade de Macae MV15 FPSO Fluminense FPSO Cidade de Santos MV20 FPSO. Offshore Asia 2006 On the Execution of a Fast-Track Disconnectable FPSO Yoshida Shimamura, MODEC Inc. MODEC Recruitment 2019. ("MODEC") is pleased to announce that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro S. It is reported that COSCO Dalian Shipyard has signed 4 tanker-based FPSO conversion projects with MODEC. “As a result, both contractors have been increasingly selective in bidding on new contracts,” the report’s authors say. Of the 19 FPSO jobs that could possibly be awarded this year, two or three will be for leased units and nine awards will comprise large-size FPSO (with a capex size of over US$1 billion). Name Owner Operator Field Operator Location Field Country Capacity ; MODEC VENTURE 11: MODEC: MODEC: Santos: Mutineer, Exeter, WA-191-P: Australia: 930: Modec Venture I. The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil. Modec, Saipem and SBM should submit their technical bid in coming weeks and commercial offer in November for an award in April 2013, just after the final investment decision. MODEC has selected MAN Energy Solutions to supply six compressor trains for a new floating production storage and offloading (FPSO) vessel in the Gulf of Mexico. A purchase option is included. 04) Maintain buy with an unchanged fair value of RM4. Modec award confirmed as Petrobras approves Libra-1 Japanese contractor to provide FPSO for use in Mero field as Brazilian state giant and partners approve development. To fulfil MODEC Operations goals and targets and that of the client. "This most recent award represents a continued strong relationship of trust between our client Petrobras and us, and it strengthens our leading position. SBM Receives LOIA from Shell to Supply FPSO for Fram Field. Cidade de Angra dos Reis MV22 FPSO. SBM Offshore - FPSO CIDADE DE ANCHIETA April 2014 – February 2016 1 year 11 months. It is reported that COSCO Dalian Shipyard has signed 4 tanker-based FPSO conversion projects with MODEC. MODEC is responsible for the engineering, procurement, construction, mobilization chartering and operations of the FPSO, including topsides processing equipment as well as hull and marine systems. ("MODEC") is pleased to announce that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro S. The vessel, referred to as the “Eni Mexico Area 1 FPSO,” will be deployed in the Offshore Area 1. A MODEC group company, SOFEC, Inc. o After the award, delivering the conversion FPSO to operating field, meeting with all contractual obligations from client, regulatory bodies and construction financers, as well as meeting with. 5 years deadline but is comparable to MODEC's previous Petrobras deliveries so execution risks should be manageable. Last month MODEC TOYO Offshore Production Systems Pte. will design and supply the spread mooring system. Manager (EPCI) - Responsible for complete bidding pre award, post award as Engineering manager for Premier Oil AGX production platform, construction Manager at Nippon Steel yard for fabrication of AGX platform, subsequent to fabrication, in chrage for commissioning, offshore hook up, start up and hand over. This is the 11th FPSO/FSO vessel which MODEC will provide and operate in Brazil, the 5th one to designated to pre-salt and has a contract life of 20 years without dry-docking. Keppel's BrasFELS Shipyard Delivers FPSO to MODEC zoom Keppel Offshore & Marine's subsidiary Keppel FELS Brasil's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a floating production storage and offloading (FPSO) vessel, to MODEC Offshore Production Systems (Singapore), an EPCI arm of the MODEC group. MPSG is the operator of two FPSOs on behalf of Tullow Ghana Limited namely, FPSO Kwame Nkrumah for Jubilee fields and FPSO Prof. SNE Development awards contract of FPSO for SNE Field offshore Senegal FAR Limited (ASX: FAR) as part of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture has awarded MODEC International Inc the front-end engineering design (FEED) contract for the SNE Field Development floating production storage and. MODEC awarded letter of intent by Petrobras related to Búzios 5 FPSO By Press Release 20-Jun-2019 20-Jun-2019 World News TOKYO: MODEC, Inc. First Oil achieved on BW Adolo. MODEC Recruitment 2019. Stratcomm Africa wins IPRA award. Jurong Shipyard Pte Ltd, a subsidiary of SembCorp Marine has achieved construction completion of the 356,400 dwt Floating Production Storage Offloading (FPSO) Fluminense on schedule to MODEC International LLC. South America leads the pack with 12 sanctioned FPSO projects planned by the end of next year. ( MODEC ) announced earlier today that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro S. This FPSO will be deployed at Carioca field in the BM-S-9 block in the "pre-salt" region of the Santos Basin in water depth of 2,100m. MODEC is seeking to recruit an Operations Superintendent. View Janaina Santos’ profile on LinkedIn, the world's largest professional community. From 2015, he took the role of Vice President of Operation in Brazil where MODEC holds 10 FPSO facilities to charter and operate. 0 billion approximately, two such FPSO s Cidade de Maricá and Saquarema were delivered by the Company in 2016 and. Yinson Holdings Bhd (Jan 12, RM4. "Brazil's greater competitiveness on a global scale is a driver behind such huge FPSO awards, along with the region's recovery from the car wash corruption scandal, Petrobras' debt reduction, substantial pre-salt discoveries and healthier oil prices," Martinsen noted. Scope of Work SOFEC designed and constructed a disconnectable internal turret mooring system to moor a 150,000 dwt MODEC converted FPSO in 156m (512ft ) water depth. SBM Offshore - FPSO CIDADE DE ANCHIETA April 2014 – February 2016 1 year 11 months. Japan's MODEC has released images of a newly developed hull design for future floating production storage and offloading (FPSO) vessels. engages in the design, construction, installation, sales, lease and operations of floating production systems. 2 the front-end engineering design (FEED) contract for the SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility. (“Petrobras”) which operates an oil field in Brazil, with the aim of strategically diversifying its financing sources for MODEC’s entire FPSO charter business. View Manattpolat Ramakrishnan’s profile on LinkedIn, the world's largest professional community. Doris long term achievements were recognized by the industry when DORIS Engineering won the 2006 OTC Award. This will be the 5th FPSO deployed at the Búzios field, however it is the first chartered production unit for the. Prosafe picks up key MODEC deal for Brazil market. SembCorp Marine’s Subsidary Jurong Shipyard Achieves Construction Completion of FPSO Fluminense on Schedule. 46 meters in length. Aberdeen-based oil and gas consultancy Core was appointed by MODEC to develop a strategy to overcome the FPSO’s wider performance issues. 0 and what it means to oil and gas, digital transformation, future trends, subsea life management, and training of new leaders. com 7/31/2008, Location: Africa MODEC awarded a Frame Agreement from BP for the supply of an FPSO under an EPCI contract for the PSVM (Plutao, Saturno, Venus and Marte) Development in Block 31 offshore Angola. ("Petrobras") for Búzios 5. FPSO market is booming with Brazil fueling demand. Following the Jubilee Phase 1 FPSO award along with the recently awarded FPSO to be installed offshore Angola, MODEC will have operations in Ghana, Angola and Cote d'Ivoire with additional MODEC supplied facilities operating in Nigeria, Equatorial Guinea, Cameroon and Gabon. will design and supply the spread mooring system. MODEC Salaries trends. To fulfil MODEC Operations goals and targets and that of the client. MODEC has an excellent track record of EPCI (Engineering, Procurement, Construction and Installation) as well as charter and operations projects. South America leads the pack with 12 sanctioned FPSO projects planned by the end of next year. A MODEC group company, SOFEC, Inc. is pleased to announce that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro S. MODEC, Inc. Bachelor Degree in Engineering with minimum seven years’ experience in onshore/offshore Oil & Gas area or FPSO line(s) or Master degree plus five years relevant experience. 11 salaries for 11 jobs at MODEC in Singapore. A MODEC group company, SOFEC, Inc. of FPSO awards. MODEC president and CEO Yuji Kozai said: “This most recent award represents a continued strong relationship of trust between our client Petrobras and us, and it strengthens our leading position as an offshore oil and gas production service provider in Brazil. Manager (EPCI) - Responsible for complete bidding pre award, post award as Engineering manager for Premier Oil AGX production platform, construction Manager at Nippon Steel yard for fabrication of AGX platform, subsequent to fabrication, in chrage for commissioning, offshore hook up, start up and hand over. Eni awards Modec letter of intent for Amoca FPSO Japanese specialist set to provide and operate floater for Italian giant's development in Area 1 off Mexico. FPSO market is booming with 24 awards expected by 2020 The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO. Completed modelling phase I and II of the Complement Study which delivered PM System indicators Simulated indicators displayed demand of Man hours across all FPSO disciplines what was the base line in assessment in FPSO manning process. Returned to off-shore Oil & Gas Industry by joining BW offshore FPU off Indonesia in April 2015. The FPSO will be deployed at the Sépia field operated by Petrobras, located. This map represents the projects most likely to be awarded globally between 2016-2018. Oil & Gas News. The FPSO Cuulong MV9 is a new-build FPSO with storage capacity of 1,000,000 barrels. Woodside Energy has awarded MODEC International Inc the FEED contract for the SNE Field Development Phase 1 FPSO facility. Experiences Ranges from hands on experience on Tanker operations, FPSO Operations and related work. The global coordinator Citi and the joint bookrunners Mizuho, Morgan Stanley and SMBC have taken MODEC to meet. for an initial 15 year period with the option of one-year extensions for a further 5 years. Tue, 10 Sep 2019 00:00:00 GMT Equinor continues the work to respond to the effects of Hurricane Dorian on the South Riding Point terminal and the oil spill at the terminal site and nearby. [email protected] FPSO AKPO (Nigeria) 2009 185,000 b/d 320 Mscf/d(2) of gas – 600 m – 1,200 m WORLD FIRST: deep water subsea gas / liquid separation • 2013 OTC Distinguished Achievement Award • 2013 International Petroleum Technology Conference (IPTC) “Excellence in Project Integration” Award Pazflor (Angola) 2011 220,000 b/d 2. About MODEC International LLC: MODEC has been in operation since 1968 and has accumulated valuable experience with EPIC and long term lease operations of floating facilities around the world. FEED activities for the subsea contract and for the FPSO facility have been awarded to Subsea Integration Alliance and MODEC International Inc, respectively. juillet 2018 – Aujourd’hui 1 an 3 mois. The notes will refinance FPSO Cidade de Mangaratiba MV24, which is operated by Modec in the Iracema Sul oil field. Enterprise Oil PLC Friday said it planned to award FMC-Modec a tie-up between FMC Corp. FPSO Baobab Ivoirien MV10 FPSO Kwame Nkrumah MV21 Tullow T. SBM Offshore NV does not intend, and Modec BW Offshore SBM FPSO market 2010-2011 YTD Awards. (Petrobras). Although Modec had bid lower time charter (TC) rates for both vessels, Modec has too many projects on hand and decided to just bid for one of the two Marlim deals. MODEC Production Services Ghana JV Limited (MPSG), providers of floating solutions for the offshore oil and gas industry, has announced the appointment of Theophilus Ahwireng as Managing Director. The vessel was converted in Singapore and in September 2015, the vessel was officially named ‘FPSO Prof. Name Owner Operator Field Operator Location Field Country Capacity ; HAI YANG SHI YOU 117: CNOOC: ConocoPhillips: ConocoPhillips: Penglai Block 19-3 (Phase 2). Modec also is building a tension leg platform for BHP Billiton destined for the Gulf of Mexico. modec/omv acfm and anode installations - whp uwild -fpso raroa a1 and a3 clamp installations -whp remedial repair – whp ndt inspection and centraliser bracelet installation – whp 5c coffer dam installation – fpso raroa uwild inspection – fpso raroa bslm and stp – fpso raroa. The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil. Andre has 3 jobs listed on their profile. Modec confirmed as Stampede TLP winner Leave a reply Modec of Japan has confirmed the award of a contract to provide the hull and mooring system for Hess Corp. Mr Sateesh Dev, President & CEO of MODEC Pte Ltd. It is equipped with a hydrocarbon processing unit for the treatment and separation of. Related Press Releases Dec 8, 2007 MODEC's FSO Song Doc Pride MV19 Achieves First Oil May 11, 2007 MODEC receives award for EPCI, Charter and Operation of FPSO. Eni estimates that there are approximately 2 billion barrels of hydrocarbons in Area 1. SBM MODEC No. The FPSO award for TEN represents a significant milestone for MODEC in assisting Tullow and its partners to develop a world class oil field while also strengthening MODEC’s involvement in the development of oil exploration and production infrastructure in West Africa. First oil was achieved on October 29, 2003, approximately 18 months after contract award. The firm time charter period of the contract is 21 years. 50: The Layang floating production, storage and offloading vessel (FPSO) charter award to Yinson Holdings Bhd may take a longer time to materialise given that the former contract recipient, TH Heavy Engineering (THHE), under Practice Note 17 (PN17) status since April last year, has to work through its. As a Regional IT Manager, I am responsible for managing MODEC Group of Companies' IT strategy, governance, infrastructure, security and operations for Singapore, Australia, New Zealand, China, Vietnam, UK, Ghana and Ivory Coast offices specializing in engineering, procurement, construction, installation & operations of floating production systems including Floating Production Storage and. The vessel, referred to as the “Eni Mexico Area 1 FPSO,” will be deployed in the Offshore Area 1. , has been awarded a contract by ConocoPhillips Australia, as operator of the Barossa joint venture, for the Front End Engineering Design (FEED) of a Floating Production Storage and Offloading (FPSO) vessel for Australian waters. MODEC awarded letter of intent by Petrobras related to Búzios 5 FPSO By Press Release 20-Jun-2019 20-Jun-2019 World News TOKYO: MODEC, Inc. • Being the package engineer for instrument packages (actuated valves, flow/pressure measurement instruments, safety protection instruments, transmitter, etc. Download with Google Download with Facebook or download with email. Singapore, August 4, 2009: Jurong Shipyard Pte Ltd. gulfoilandgas. MODEC is owner and operator. Keppel's BrasFELS Shipyard Delivers FPSO to MODEC zoom Keppel Offshore & Marine's subsidiary Keppel FELS Brasil's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a floating production storage and offloading (FPSO) vessel, to MODEC Offshore Production Systems (Singapore), an EPCI arm of the MODEC group. Follow MODEC stock price in real-time on Markets Insider here. has issued a project bond in the international capital markets outside Japan to refinance a Floating Production Storage and Offloading (FPSO) vessel chartered to the TUPI consortium led by Petróleo Brasileiro S. Tortue FPSO - BP will use a VLCC-size FPSO to strip and store liquids produced on the Greater Tortue… SNE FPSO - In Feb 2019 Woodside awarded Modec the FEED contract for an FPSO to develop the 2014… Penguins FPSO - Shell in mid-January contracted with Fluor to supply an FPSO for use on the Penguins…. Client Name: CNR International (Côte d'Ivoire) S. In December 2018, the FPSO was successfully rotated to its new heading of 205 degrees and subsequently spread-moored. SBM Offshore Other Future Awards FPSO Awards (1 of 2) 11 Positive outlook for FPSOawards, however we remain cautious on timing Total Market Awards for FPSOs Historical Internal + Analyst View Historical • 131 awards in last 10 years: – 13 per year average • 44 projects tendered by SBM: – 18 won Forecast • ~75 awards over next 5 years:. Oil Offshore 4 FPSO Market Report. ppt), PDF File (. Japan's MODEC has received a letter of intent (LOI) for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel for Petrobras for Búzios 5 field offshore Brazil. MODEC Supplier Prequalification 11 Supplier Prequalification Summary and Background The following slides explain the process through which Suppliers and Sub-suppliers are prequalified to bid / supply products for MODEC International, Inc. On August 1, MODEC will be reporting earnings Q2. The first delivery was in July 2019 and the bearings will be installed on an FPSO vessel for use in the Area 1 block offshore Mexico. MODEC previously performed engineering, procurement, construction, installation and commissioning of the FPSO, with SOFEC designing and supplying the spread mooring system. MODEC Awards Jurong FPSO Conversion for Angola's Block 31 PSVM Fields. The FPSO Cidade de Rio de Janeiro is operated by Modec do Brasil in the Espadarte field in the Campos Basin, approximately 130 kilometers from the Macaé coastline, on the north coast of Rio de Janeiro. SBM MODEC No. Dave has 9 jobs listed on their profile. The Castberg project also plans to increase the percentage of pre-qualified suppliers from Northern Norway. Separate engineering contracts for the FPSO have been awarded to MODEC and a consortium between TechnipFMC and Samsung Heavy Industries. View Andre Pires’ profile on LinkedIn, the world's largest professional community. ( Petrobra s) for Búzios 5. Optimized AMOS Maintenance Plan for CDM and CDS. The company is a subsidiary of MODEC Inc. MODEC is owner and operator. SMBC leads in project financing for Modec, Mitsui’s FPSO A nine-member bank consortium has backed the FPSO, which is earmarked for a long-term charter with Eni. CHUKS ISIWU 16 August 2013, Sweetcrude, Lagos – UK’s Tullow Oil has come a long way in Ghana since its first oil discovery at the offshore Jubilee field in 2007. Modec launches two new FPSO designs JAPAN's Modec has launched two new FPSO designs to tackle insufficient deck space and maximise crude storage capacity. TOKYO - MODEC announced that an affiliate has issued a project bond in the international capital markets outside Japan to refinance an FPSO chartered to the TUPI consortium led by Petrobras in. Challenges and opportunities that define the success of an FPSO project Ioanna Christodoulou EN310E Energy Management Spring 2015. Guyana to pay almost US$3B to lease two oil storage vessels. Led execution of project finance draw down for Ghana and Brazil FPSOs by negotiating lenders and developing financial cash flow model. (Visualisation of the new NOAH FPSO design from MODEC. This vessel is located in Block 46/02 of the Song Doc fi eld approximately 170km off shore Vietnam. Total shall sign the engineering, procurement and construction ( EPC ) contract for the conversion of the two FPSO s as design-one and build-two concept. Its products include the Floating Production Storage and Offloading (FPSO) units, the Floating Storage and Offloading (FSO) units, the Tension Leg Platforms (TLP) units, Semi-Submersibles, FLNGs, and Mooring Systems. The FPSO will be capable of processing 150,000 barrels of oil per day, 280 MM standard cubic feet of gas per day and has storage of 1,600,000 barrels of total fluids. Subsea and FPSO FEEDs are now complete. Modec, which operates the vessel under a lease agreement with Petrobras, will send a salvage team to the vessel Wednesday to assess the FPSO's condition, Petrobras said. Japan's MODEC has received a letter of intent (LOI) for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel for Petrobras for Búzios 5 field offshore Brazil. Join us in September as we put together 70+ industry discussions across 6 dedicated streams focused on commercial, technical and operational - providing you with the latest market intelligence, up-to-date review of breakthroughs in FPSO design. Modec International Inc. The vessel, referred to as the "Eni Mexico Area 1 FPSO," will be deployed in the Offshore Area 1 approximately 6 miles (10 kilometers) off the coast of Mexico at. ("Petrobras") for Búzios 5. View Janaina Santos’ profile on LinkedIn, the world's largest professional community. A MODEC group company, SOFEC, Inc. Phased development. The nine FPSOs ordered in 2018 are to be employed in water depth ranging from 32 meters (Area 1 FPSO off Mexico) to 1,700 meters (Tanin/Karish FPSO off Israel). MODEC, the world top class FPSO/Floater Contractor, enjoys a dominant FPSO market share in Pacific/SEA region and is further expanding its market share in West Africa and Latin America. 0 billion approximately, two such FPSO s Cidade de Maricá and Saquarema were delivered by the Company in 2016 and. , has been awarded a contract by Woodside Energy (Senegal) B.