# MODEC wins EPCI contract from Equinor for Bacalhau FPSO in Brazil

Japan's MODEC was formally awarded the engineering, procurement, construction and installation contract by Equinor for a large FPSO for the Bacalhau field offshore Brazil, following Equinor's final investment decision. The project is worth about $8 billion.

- Type: Contract
- Announced: 2021-06-03
- Where: Santos Basin, offshore São Paulo, Brazil
- Value: $8.00B
- Status: announced
- Capacity: up to 220,000 barrels of crude oil per day
- Products: FPSO floating production storage and offloading vessel

## Companies

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

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/modec-firms-up-contract-award-for-one-of-largest-fpsos-ever-in-brazil/), 2021-06-03: "Equinor took its Final Investment Decision(FID) for the Bacalhau field offshore Brazil on 1 June 2021. The investment is worth around $8 billion."

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