Global offshore floating platform provider MODEC has signed a contract with Woodside Energy to supply a floating production storage and offloading (FPSO) vessel for the development of the Sangomar oilfield, offshore Senegal.
The FPSO will be delivered in 2023 and will have the capacity to process 100,000 barrels of crude oil per day, 130 million standard cubic feet of gas per day, 145,000 barrels of water injection per day and will have minimum storage capacity of 1,300.000 barrels of crude oil.
“We are delighted and proud to have been selected to provide the memorable first FPSO for Senegalese waters. We consider West Africa, where numerous offshore oil and gas fields have been discovered in recent years, as one of our most important core regions, and this contract award should geographically reinforce our business portfolio,” Yuji Kozai, President and CEO of MODEC, said in a statement.
The $6 billion Sangomar project is a joint venture between Woodside Energy, Cairn Energy PLC, Far Ltd and Senegal state-owned Petrosen and is expected to have a production capacity of 100,000 barrels per day.