MODEC to supply FPSO to OSX 3 Leasing for Brazil's Campos Basin

MODEC has secured a contract from OSX 3 Leasing to supply the floating, production, storage, and offloading (FPSO) vessel OSX-3 FPSO to be used in the Campos Basin, offshore Brazil.

Under the contract, MODEC will be responsible for the engineering, procurement, construction, mobilization, installation, and commissioning of the FPSO, including topside processing equipment, hull and marine systems, and the external turret mooring produced by Sofec.

The FPSO, which will have a storage capacity of 1.3 MMbbl of oil,...