MODEC ENI MV34 FPSO MIAMTE

Project details

The FPSO is operating in the Offshore Area 1 block in the Gulf of Mexico. This is MODEC’s first project for Eni Mexico, a subsidiary of the integrated energy company Eni. MODEC was appointed by Eni Mexico for the supply, charter and operations of the FPSO in the Eni-operated Offshore Area 1 block in the Bay of Campeche in 2018. The charter contract will run for an initial 15 years, with options for extension every year thereafter up to five (5) additional years. Moored in a water depth of approximately 32 meters some ten (10) kilometers off Mexico's coast, the FPSO is capable of handling 90,000 barrels of oil per day, 75 million cubic feet of gas per day and 120,000 barrels of water injection per day with a storage capacity of 700,000 barrels of oil. The FPSO boasts a Disconnectable Tower Yoke Mooring System (“DTYMS”), a first-of-its-kind design in the industry. The state-of-the-art DTYMS was developed to moor the FPSO in shallow water, whilst also allowing the unit to disconnect its mooring and depart the area in order to avoid winter storms and hurricanes prevalent in the Gulf of Mexico. The DTYMS was developed by SOFEC, Inc., a MODEC group company, and the mooring jacket was fabricated in Altamira, Mexico