McDermott International Ltd. revealed the second shipment of topside modules for a FPSO unit for MODEC Inc. (MODEC) on Nov. 5. It comes just weeks after the first shipment of modules sailed away from McDermott’s Altamira fabrication facility located in Mexico.
The FPSO will be located in the Area 1 block, approximately six miles (10 km) off the coast of Mexico in the shallow waters of the Campeche Bay at a water depth of approximately 105 ft (32 m).
“Our MODEC project fabrication team at McDermott's Altamira Fabrication Yard continues to deliver for our customer with this latest shipment of modules,” Mark Coscio, senior vice president, North, Central and South America, said. “Our strong, local team remains focused on safety and execution excellence as we work to complete the modules needed for the EPCI fixed platform.”
The MODEC project scope of work consists of five FPSO topside modules, which will be delivered to the client in two shipments. This second shipment includes modules that will provide inlet separators, oil separation, a flare KO Drum and sand cleanup materials for the FPSO.
The modules will travel from McDermott’s Altamira fabrication facility to Singapore where integration will be performed at the Dyna-Mac Fabrication Yard.
Both contracts are expected to commence in the first quarter of 2022.
The discovery marks another important step toward commercial oil development in the southeast portion of Block 58.
The discovery adds to the previous recoverable resource estimate of approximately 9 billion oil equivalent barrels.