[Brazil] Gato do Mato

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MODEC secures FEED for Shell’s Gato do Mato FPSO project in Brazil

MODEC Inc. (“MODEC”) is pleased to announce that it has been successful in securing the Front-End Engineering and Design (FEED) for a Floating Production, Storage and Offloading (FPSO) system for Shell do Brasil Ltda (“Shell”) on the Gato do Mato development, offshore Brazil.

Gato do Mato FPSO will be moored at a water depth of approximately 2,000m, some 250km off the coast of Brazil. MODEC will be responsible for the design of the hull and all related topsides facilities for the FPSO, which is projected to be moored by a SOFEC Spread Mooring system. The produced stabilized crude will be stored in the FPSO tanks and the oil will be offloaded to shuttle tankers to go to market.

MODEC has previously delivered sixteen (16) FPSOs to Brazil and has two (2) more under construction currently. The FPSO Gato do Mato would be the second unit to be delivered directly to Shell by MODEC for operation in Brazil.

MODEC President and CEO, Hirohiko Miyata, expressed his delight in securing the FEED project. “MODEC is proud to be working on its nineteenth (19th) FPSO for Brazil and our second for Shell in Brazil. This milestone indicates the strong relationship between the two companies which now spans more than 20 years. We are excited about performing this FEED study for Shell.”

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MODEC Inks Purchase And Sales Agreement and Secures Operations and Maintenance Contract for Shell’s Gato do Mato FPSO Project

MODEC Inc. (“MODEC”) is pleased to announce that Shell Brasil Petróleo Ltda (“Shell”) has made its Final Investment Decision (FID) for a Floating Production Storage and Offloading (FPSO) vessel for the Gato do Mato oil field, offshore Brazil. Following the successful execution of the Front-End Engineering Design (FEED) contract, which was awarded in March 2024, MODEC has signed a Purchase and Sales Agreement, and a contract for the operations and maintenance of the FPSO for a period of 20 years with Shell.

When installed, FPSO Gato do Mato will be capable of producing 120,000 barrels of oil per day (BOPD), as well as associated gas and water, and will be moored at a water depth of approximately 2,000m, around 200km South of Rio de Janeiro. MODEC will be responsible for the design of the hull and all related topsides facilities for the FPSO, which will be moored by a SOFEC Spread Mooring system. The produced stabilized crude will be stored in the FPSO tanks, and the oil will be offloaded to shuttle tankers to go to market.

The FPSO will feature a new built, custom-made Next Generation Hull to meet the 25-year design life.

The FPSO Gato do Mato will be the 19th FPSO to be developed by MODEC for Brazil. It will be the second unit to be delivered directly to Shell by MODEC for operation in Brazil.

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29 April 2025

MODEC has executed a contract with Sumitomo Heavy Industries, Ltd. to construct the forward block of MODEC's New Generation Hull for the FPSO Gato do Mato. This collaboration enables a unique construction methodology that addresses the constraints in the availability of new building dock slots.

According to Soichi Ide, MODEC Group Head of Floating Production Solutions Business Unit

Moreover, it marks a significant milestone for the shipbuilding industry in Japan, as it participates in an FPSO project.
The event was particularly memorable as it was the first official signing ceremony held at our KL Office.

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25 June 2025

https://www.facebook.com/oilandgasworld ... 1891917469

MODEC has made a proud milestone especialy with its Japanese team and partners with the successful steel cutting ceremony for the FPSO Gato do Mato project.

For the first time, the company is partnering with a Japanese company Sumitomo Heavy Industries, Ltd. on hull construction for an FPSO project and one of this scale, and adopting a unique approach by fabricating the hull in two separate sections. This not only addresses industry challenges, the company said, but also showcases our commitment to finding new solutions and elevating standards in FPSO project delivery.