MODEC, Inc. informed that on February 18, 2020, the FPSO Cidade do Rio de Janeiro MV14 was towed-out and left the Brazilian territorial sea towards its final destination abroad. The FPSO will be recycled and the process will follow the safety and environment recommendations of the International Hong Kong Convention, which is a multilateral convention for the safe and environmentally sound recycling of ships.

In preparation for this movement, MODEC had been conducting cleaning and repair activities for the FPSO at the Jurong Aracruz Shipyard, in Espírito Santo, since December 2019. MODEC followed every step of the process defined by the competent bodies.

The FPSO, operated by MODEC for Petróleo Brasileiro S.A. (Petrobras) since 2007, finished its production cycle in July 2018.

About MODEC

MODEC Offshore Production Systems (Singapore) Pte. Ltd. is a subsidiary of MODEC, Inc. MODEC is a general contractor specialising in engineering, procurement, construction and installation of floating production systems including FPSO vessels, FSO vessels, Tension Leg Platforms (TLPs), Production Semi-Submersibles, Floating LNG vessels, Mobile Offshore Production Units (MOPUs) and other new technologies which will meet the challenges of various types of gas production floaters. MODEC provides Floating Production System operation and maintenance services around the world.

About Petronas

Established in 1974, Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational ranked among the largest corporations on FORTUNE Global 500®. As the custodian of Malaysia’s national oil and gas resources, we explore, produce and deliver energy to meet society’s growing needs. The growing demand for energy inspires and strengthens our purpose to steadily drive for new solutions and push boundaries towards a sustainable energy future.