Eni Starts Area 1 Production off Mexico via MODEC FPSO
Contract represents MODEC’s first project for Eni Mexico.
MODEC said first oil has flowed through FPSO MIAMTE MV34 operating in the Offshore Area 1 block in the Bay of Campeche off Mexico. The contractor was appointed by Eni Mexico for the supply, charter, and operation of the FPSO in the Eni-operated Offshore Area 1 block in 2018. The charter contract will run for an initial 15 years, with options for extension every year thereafter up to 5 additional years.
Moored in a water depth of approximately 32 m some 10 km off Mexico’s coast, the FPSO is capable of handling 90,000 B/D of oil, 75 MMcf/D of gas, and 120,000 B/D of water injection with a storage capacity of 700,000 bbl of oil.
The FPSO boasts a disconnectable tower yoke mooring system, a first-of-its-kind design in the industry. The system was developed to moor the FPSO in shallow water, while also allowing the unit to disconnect its mooring and depart the area to avoid winter storms and hurricanes in the Gulf of Mexico. The mooring system was developed by MODEC subsidiary SOFEC Inc. The mooring jacket was fabricated in Altamira, Mexico.