MODEC announced that it has signed a contract with Woodside Energy, to supply a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar (formerly SNE) Field Development Phase 1 (Sangomar Field Development) project located in the Sangomar Offshore and Sangomar Offshore Deep oil blocks, located offshore Senegal.
Front End Engineering Design Contract
MODEC was awarded a Front End Engineering Design (FEED) contract of the FPSO in February 2019. It has now been awarded the FPSO purchase contract. This is towards the Final Investment Decision (FID) on the Sangomar Field Development.
The FPSO is being deployed at the Sangomar field located approximately 100 kilometers south of Dakar, Senegal. The Sangomar Field Development is expected to be Senegal’s first offshore oil development.
Scheduled for delivery in early 2023, the FPSO vessel is going to be permanently moored at a water depth of approximately 780 meters by an External Turret mooring system to be supplied by SOFEC, Inc., a MODEC group company.
FPSO Processing Capacity
The FPSO will be capable of processing 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 provide the memorable first FPSO for Senegalese waters,” commented Yuji Kozai, President and CEO of MODEC.
“West Africa is considered 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. It is pleasing to be a part of the team that will provide a needed energy resource for the people of the Republic of Senegal. We look forward to cooperating closely with our clients and partners to make this project a success.”
MODEC Existing FPSOs in West Africa
MODEC currently operates three (3) FPSOs in Ghana and Côte d’Ivoire as well as it has supplied another seven (7) floating production facilities such as FPSO, FSO and Tension Leg Platform (TLP) that have been installed in Angola, Cameroon, Equatorial Guinea, Gabon and Nigeria.