Norway-based oil and gas services firm, Aibel has been awarded a Letter of Intent (LOI) by MODEC for the work related to floating production storage and offloading (FPSO) for Equinor’s Bacalhau field off Brazil.

Recently, Equinor has awarded the contract to MODEC to supply an FPSO vessel for the Bacalhau field.

MODEC will be responsible for the design and construction of the FPSO vessel which will be permanently moored at a water depth of about 2,050 meters by a spread mooring system, which will be supplied by MODEC group company, SOFEC.

The vessel will be installed at the Bacalhau field, which is situated in the giant pre-salt region of the Santos Basin about 185km off the coast of the state of São Paolo.

LOI involves a FEED phase for management and basic engineering services of FPSO

The scope of LOI involves a FEED phase for management and basic engineering services along with an option for an engineering, procurement and construction (EPC) contract.

The EPC contract will include detail engineering, bulk procurement and construction of about 20,000 tonnes of topside modules for the FPSO vessel.

Aibel said that the FPSO will be the largest vessel delivered to Brazil with a production capacity of approximately 220,000 barrels of crude oil daily, produce and inject up to 530 million standard cubic feet of associated gas a day and inject up to 200,000 barrels of seawater daily.

Aibel president and CEO Mads Andersen said: “This is an important recognition of our international FPSO expertise in Singapore and Thailand. We have a long track record of delivering world-class FPSO topsides and modules.”

The firm’s Singapore office where Aibel and MODEC will establish an integrated team for the project, will manage the project.

The oil and gas firm’s engineering office in Thailand will assist with detail engineering while, the construction of the modules will take place at Aibel’s facilities in Laem Chabang, Thailand.

Recently, Aibel secured an EPC contract from Equinor for a 100m long bridge for the $4.92bn Johan Sverdrup phase 2 project in the North Sea.