Seatrium secures FPSO contract from MODEC for Equinor-operated project offshore Brazil

(WO) – BrasFELS Shipyard (BrasFELS), a member of the Seatrium Group, has secured a contract from Offshore Frontier Solutions Pte. Ltd, a MODEC Group company, to undertake parts of the topside modules fabrication of a Floating Production Storage and Offloading (FPSO) for the Raia project in Brazil, operated by Equinor.

BrasFELS’ scope of work for the FPSO Raia comprises the fabrication of three modules: vapor recovery unit/ flare knockout (VRU/ FLARE KO); oil separation and stabilization; and the flowline circulation and metering and utility systems.

The project will be undertaken by Seatrium’s BrasFELS shipyard located in Angra dos Reis, Rio de Janeiro, Brazil, and is expected to commence work in the first quarter of 2024.

When completed, FPSO Raia will have the capacity to process 126,000 boed and 16 MMcmgd, with a storage capacity of 2 MMbbl of crude oil.

The FPSO will be deployed in the giant “pre-salt” area at the southern part of Campos basin, approximately 200 km off the coast of Rio de Janeiro, Brazil. The first project between BrasFELS and MODEC was the fabrication and integration of topside modules for FPSO Cidade de Sao Paulo, back in February 2011.

The latest win marks the eighth project collaboration between BrasFELS and MODEC, reflecting the long-standing partnership the two organizations have enjoyed for more than a decade.

Mr Marlin Khiew, Executive Vice President, Oil & Gas (Americas), Seatrium said, " Over the years, we have leveraged our deep engineering expertise, international yard footprint and strong track record to deliver over 260 Floating Production Unit (FPU) and FPSO conversions & newbuilds, solidifying our market leadership in this product segment.”