šŸ­MODEC, Mitsui, MOL, Marubeni and MES to Proceed with the Ultra-Deepwater FPSO Charter Project for Sepia Area of Brazilian Offshore Pre-Salt Oil Field

šŸ­MODEC, Mitsui, MOL, Marubeni and MES to Proceed with the Ultra-Deepwater FPSO Charter Project for Sepia Area of Brazilian Offshore Pre-Salt Oil Field

Japanese energy firms said on Tuesday that theyā€™ve agreed to become long-term investors in a so-called floating production facility designed to tap Brazilā€™s vast offshore pre-salt oil deposits.

UPI quotes Japanese energy company Marubeni as saying it has teamed up with floating production contractor MODEC, and Japanese transport company Mitsui O.S.K. Lines to invest in a long-term charter business ā€œfor the purpose of providing a floating production, storage and offloading system for use in the Sepia area offshore Brazil.ā€

https://fpso.info/japan-consortium-to-invest-in-floating-facility-to-tap-brazils-vast-offshore-oil-deposits/

MODEC, Mitsui, MOL, Marubeni and MES to Proceed with the Ultra-Deepwater FPSO Charter Project for Sepia Area of Brazilian Offshore Pre-Salt Oil Field

https://www.marubeni.com/news/2018/release/201801092.pdf#1515423600