TOKYO– A consortium ofMitsui, MOL, Marubeni and Mitsui E&S have agreed to invest in a long-term charter business promoted by MODEC for provision of an FPSO for use on the deepwater Mero field in the Libra block in the Santos basin offshore Brazil.
Libra MV31 B.V. a Dutch company established by MODEC, has a 22-year charter agreement with Petrobras for deployment of the floater, which will be named FPSO Guanabara MV31.
Mero is around 180 km from Rio de Janeiro. The FPSO will be spread-moored in 2021 in 2,100 m (6,889 ft) water depth. Its main capabilities will be as follows:
Oil processing capacity
Gas processing capacity
Oil storage capacity