MODEC has signed a contract with ConocoPhillips to supply a floating production storage and offloading (FPSO) vessel for the Barossa gas field offshore northern Australia.
The Barossa FPSO is intended to produce gas and condensate from subsea wells and after treatment, and supply feed gas to the Darwin LNG plant via a gas export pipeline.
MODEC was awarded a front end engineering design (FEED) contract of the Barossa FPSO in June 2018 and has now been selected as the turnkey contractor.
The Barossa FPSO, MODEC’s largest size of Gas FPSO to date, will be able to export over 600 million standard cubic feet of gas per day, as well as store up to 650,000 barrels of condensate for export.
It has been designed to withstand a 100-year cyclone event at a water depth of 260 metres and will be located 300 kilometres north of Darwin.
MODEC will be responsible for the engineering, procurement, construction and installation (EPCI) of the Barossa FPSO, including topsides processing equipment, as well as hull and marine systems.
Scheduled for delivery during 2023, the FPSO will be permanently moored by an internal turret mooring system.
Yuji Kozai, president and chief executive of MODEC, said the contract award of a Gas FPSO reinforced one of the company’s important business strategies.
“Also this new contract represents a significant milestone for MODEC in applying our next generation new built FPSO hull design of which we have developed to meet the new market demands for larger FPSOs,” Kozai said.
The Barossa joint venture is currently formed by ConocoPhillips (field operator, 37.5 per cent), SK E&S Australia (37.5 per cent) and Santos (25 per cent).