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www.marinelink.com 37Mitsui, Mitsui O.S.K. Lines and Marubeni in Ultra-Deepwater FPSO Project MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. and Maru-beni Corporation have agreed that Mit-sui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a ß oating production, storage and of ß oad-ing system for use in the Iracema Norte area of a pre-salt oil Þ eld off the coast of Brazil. The Project is subsequent to the long-term charter business for the purpose of providing an FPSO for the use in the Iracema Sul area in which the Companies invested through Cernambi Sul MV24 B.V. For this Project, Mit- sui, MOL and Marubeni will invest in Cernambi Norte MV26 B.V. (MV26), a Dutch company established by MO-DEC. MV26 signed a long-term charter- ing agreement with Tupi B.V., a Dutch company owned by Petrobras Nether- lands B.V. (65%), BG Overseas Hold- ing Ltd. (25%) and Galp Sinopec Brazil Services B.V. (10%). The FPSO will be chartered to Tupi B.V. for 20 years under this chartering agreement signed in Feb-ruary 2013. Construction of the FPSO will involve the conversion of a VLCC, which will be renamed FPSO Cidade de ITAGUAÍ MV26 upon its completion. It will be deployed to the Iracema Norte area of the BM-S-11 block off the coast of Brazil in the fourth quarter of 2015. The area is part of a deepwater oil Þ eld located approximately 300 km south of Rio de Janeiro, Brazil. The oil is con- tained in the pre-salt layer approximate-ly 5,000 m beneath the seabed. MODEC and Mitsui have already pro-vided three FPSOs for pre-salt oil Þ elds, and this will be their fourth pre-salt re-lated FPSO chartering project. It is the third project of its type for MOL and the second for Marubeni. SeaZip Awards StarIPS Contract to MirTac SeaZip Offshore Service selected MirTac and StarIPS to support ß eet management for its newbuild offshore service vessels. The contract includes StarIPS software and related implemen-tation services such as database set-up, procedures implementation and related training and consultancy. The software will include maintenance, purchasing, vessel administration, QHSE manage-ment and document control. In the near future the newly-constructed ?Twin Axe? catamaran ships will be deployed in the completion stage of a large-scale wind farm on the North Sea, 90 km north-west of the island of Borkum. They distin- guish themselves due to their speed and maximum seaworthiness which, com-bined with economical fuel consumption and a high degree of stability, enables them to sail in rough weather condi-tions too. While primarily built for the purpose of transporting personnel, the ships can also transport small quantities of freight. SeaZip Offshore Service is anticipating the trend of devising wind farms at locations far from the coast and at ever-greater depths. MR #4 (34-41).indd 37MR #4 (34-41).indd 374/2/2013 4:01:08 PM4/2/2013 4:01:08 PM