IMODCO Receives Order From Petrobras For $5-Million SPM Terminal

An order for a Single Point Mooring terminal, valued at approximately $5 million, has been awarded to IMODCO, a unit of AMCA International Corporation, by Petrobras, the national oil company of Brazil.

To be sited in the Campos Basin offshore Brazil in 338 feet of water, the terminal will permanently moor a 53,000-dwt storage/ processing tanker in the Badejo Field. The SPM will include an MPDU capable of transferring live crude from subsea wells to the dedicated tanker at 1,000-psi pressure. Processed crude will then be o f f l o a d e d via shuttle tankers which will moor alongside.

Completion and installation is scheduled for autumn 1981.

A pioneer in the field, IMODCO's offshore terminals date back to 1959 and are utilized by leading oil companies, mining companies and the military. This is IMODCO's third SPM for use in Brazilian waters.

Maritime Reporter Magazine, page 7,  Jul 15, 1981

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.