MODEC, a supplier and operator of offshore floating platforms, has announced that its subsidiary MODEC International has been awarded a contract for the first floating production storage and offloading (FPSO) vessels in Senegal
The contract was awarded by the Australian company Woodside Energy, the operator of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture containing the SNE field.
Under the contract, MODEC will carry out the Front-End Engineering Design (FEED) for the FPSO. The contract is expected to be extended for the supply, charter and operations of the FPSO, which in 2019 will be subjected to a final investment decision on the project.
The FPSO will be designed to produce around 100000 bpd, with the first oil production targeted in 2022. The FPSO will be moored in a water depth of approximately 800m.
The SNE deep-water oilfield is expected to be the first offshore oil development in Senegal. The field is located in the Sangomar Deep Offshore permit area, approximately 100km south of Dakar, Senegal.
The company stated that numerous offshore oil fields have been discovered in West Africa in recent years but considers this to be one of its most important core regions.
MODEC operates three FPSOs in Ghana and Côte d’Ivoire and has supplied another seven floating production facilities, such as the FPSO/FSO/Tension Leg Platform (TLP), which have been installed in Angola, Cameroon, Equatorial Guinea, Gabon and Nigeria.
The SNE field is held by operator Woodside Energy (Senegal) B.V. (35 per cent), Cairn Energy Senegal (40 per cent), FAR Limited (15 per cent) and PETROSEN (10 per cent) under a Production Sharing Contract (PSC).
