MODEC secured a contract with Shell for the Front-End Engineering and Design (FEED) of an FPSO for the Gato do Mato block.
The FPSO will be located in water depths of approximately 2.000 meters, about 250 km off the coast of Brazil. MODEC will also be responsible for designing the hull and all related facilities on the upper part of the FPSO.
MODEC already delivered 16 FPSOs to Brazil and has another two under construction. The FPSO Gato do Mato will be the second unit delivered directly to Shell by MODEC for operation in Brazil, the other being FPSO Fluminense.
The FPSO will have a capacity of 90,000 boed and 8.5 million m3 per day of natural gas and able to store 1.6 million barrels of oil.
The production project foresees 10 wells, four of which are producers, four gas injectors and two seawater injector wells. Shell is the operator of Gato do Mato with a 70% stake in partnership with Ecopetrol (30%).
“It is important to mention that Shell is still assessing the best solution for the development of Gato do Mato. The Final Investment Decision (FID) is expected to be taken only in 2025. In 2017, the company won the ANP auction and field development plan was scheduled for 2023 however, at the end of 2022 the company decided to postpone the decision”, recalls Omar Darian, Chartering Manager at WSB.
