Another FPSO for Petrobras agreed

Nov 15 2019

Mitsui & Co, Mitsui OSK Lines (MOL) and Marubeni Corp are to invest in a long-term charter currently being floated by MODEC to provide an FPSO for be located in the B├║zios field off the Brazilian coast.

Based on these agreements, Mitsui, MOL and Marubeni will invest in Buzios5 MV32 BV (MV32), a Dutch company established by MODEC, and will proceed with the project jointly.


MV32 has entered into a long-term charter agreement for the deployment of the FPSO with Petróleo Brasileiro (Petrobras). The FPSO will be chartered for 21 years.


She will be named ‘FPSO Almirante Barroso MV32’ and will be deployed at the Búzios field located in the giant ‘pre-salt’ region of the Santos Basin. The FPSO will be moored in 1,900 m water depth in 2022.


This is the seventh FPSO project that the companies have co-operated with. 


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