Consortium signs agreement to invest in construction of Mero’s FPSO

05/14/18

Consortium formed by Modec, Mitsui, Mol, Marubeni and Mitsui E & S signed an agreement to invest in the construction of the FPSO of the first definitive system of the field of Mero, in the block of Libra.

The Libra consortium chartered the FPSO Guanabara MV31 for 22 years to Modec, according to a contract signed on December 14, 2017. The unit will be anchored at a water depth of 2,100 m by 2021. The processing capacity of the FPSO will be 180 thousand barrels of oil per day and 12 million cubic meters of gas per day.

The Libra MV31 consortium is headquartered in the Netherlands and has the following distribution: 32.4% for Mitsui, 20.6% for Mol, 17.6% for Marubeni, 9.3% for Mitsui E & S and 20.1% for Modec.

This project is the fifth in which the five companies work together in the operation of FPSOs in Brazil.

Source: Brazil Energy

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