# MODEC wins FPSO contract from Equinor for Bacalhau oil field

Japan's MODEC signed a sales and purchase agreement with Equinor Brasil Energia to deliver the Bacalhau FPSO for the Bacalhau oil field in Brazil's Santos Basin, with the execution option subject to Equinor's investment decision later in 2020. SOFEC, a MODEC group company, will supply the mooring system.

- Type: Contract
- Announced: 2020-02-02
- Where: Santos Basin, Block BM-S-8, offshore Brazil, Brazil
- Status: announced
- Capacity: up to 220,000 barrels of crude oil per day; 2,000,000 barrels minimum storage
- Products: FPSO vessel, spread mooring system

## Companies

- [Equinor](https://endata.com/companies/1741.md) (customer)
- [MODEC](https://endata.com/companies/3145.md) (supplier)
- [SOFEC](https://endata.com/companies/6061.md) (supplier)

## Sources

- [business-news-today.com](https://business-news-today.com/bacalhau-oil-field-japanese-firm-modec-wins-fpso-contract-from-equinor-2/), 2020-02-02: "MODEC has bagged a contract to deliver a floating production storage and offloading vessel (FPSO vessel) from Equinor Brasil Energia for the Bacalhau oil field."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.