MODEC Awarded Contract by Equinor to Supply FPSO for …
Tokyo, Jan. 30, 2020. MODEC, Inc. ("MODEC") is pleased to announce that it has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA ("Equinor"), to supply a Floating Production Storage and Offloading (FPSO) vessel for the Bacalhau (formerly Carcará) field offshore Brazil. MODEC was awarded a ...
FPSO/FSO | Floating Production Systems | MODEC
FPSO (Floating Production Storage and Offloading) and FSO (Floating Storage and Offloading) systems today have become the primary method for many offshore oil and gas producing regions around the world. An FPSO is a floating production system that receives fluids (crude oil, water and a host of other things) from a subsea reservoir through ...
Guide to FPSO (Floating Production Storage and Offloading…
Floating production systems (FPS) – FPS is an umbrella term for all variants of floating production systems, including vessels and platforms. SEE ALSO: Delivering cost-effective FPSOs in the current oil price market. Floating storage and offloading (FSO) – An FSO is a simplified version of an FPSO. It has the capability to store and offload ...