In February, a second floating production, storage, and offloading (FPSO) unit deployed by NYK for the BM-S-11 consortium through a joint venture company started oil production in a pre-salt area off Brazil.
This FPSO unit, FPSO Cidade de Marica, is owned by a shareholder consortium comprising SBM Offshore N.V. (Netherlands), Queiroz Galvão Óleo e Gás S.A. (Brazil), and a joint venture company between NYK and the Mitsubishi Corporation . The joint venture has a 20-year time charter contract with Petroleo Brasileiro S.A. (Petrobras) to operate the FSPO.
An FPSO unit is a ship-shaped offshore installation that produces crude oil by separating solids, water, and gases from liquid drawn from reservoirs beneath the seabed and storing the oil until it is offloaded to shuttle tankers or export tankers.
NYK will aim to further advance its expertise in the FPSO business by dispatching technical staff to this project as well as FPSO Cidade de Paraty.
In accordance with its “More Than Shipping 2018” medium-term management plan, NYK will continue to make use of its extensive technical know-how to expand and develop its business in the offshore industry, which is expected to grow remarkably.
-Outline of FPSO
- Oil processing capacity: 150,000 barrels of oil per day
- Gas processing capacity: 6 million cubic meters per day
- Oil storage capacity: 1.6 million barrels
- Water injection capabilities: 200,000 barrels per day
- Mooring type: Spread mooring
Source & Image Credit: NYK
