October 17, 2019
Brazil's Petrobras said it has signed letters of intent with Japan's Modec and Malaysia's Yinson to charter to two floating production storage and offloading (FPSO) vessels in the Marlim oil field in the Campos Basin.
The Modec FPSO, dubbed Marlim I, will have a capacity to process up to 80,000 barrels per day (bpd), while the Yinson FPSO, christened Marlim II, will have a capacity of up to 70,000 bpd. Marlim I will also be able to process 7m cubic meters of natural gas per day, and Marlim II wi
Brazil's state-owned oil company signs agreements with Japan's Modec and Malaysia's Yinson for two production vessels in the Campos Basin