Trading · Direct · 2013–2016
FPSO Cidade de Niterói MV18
VLCC-converted Floating Production Storage & Offloading vessel
What the record says
Converted from the VLCC 'Apollo Shoju' at COSCO Dalian and renamed in 2008. Rated at 100,000 bopd, 124 MMscf/d gas compression and 1.6 million barrels storage, spread-moored by a SOFEC system in 1,400m of water. Achieved first oil February 2009 and produced roughly 159 million barrels across a 17-year charter that ran to May 2026, when the vessel sailed for recycling in Denmark under the EU Ship Recycling Regulation. ENGIC executed works marine valves for the replacement programme across multiple campaigns from 2013 to 2016.
Direct contract — marine valve works to MODEC for FPSO valve replacement programme
- End operator
- Petrobras (chartered from MODEC)
- Contracting party
- MODEC Serviços de Petróleo do Brasil Ltda.
- Location
- Marlim Leste / Jabuti field, Campos Basin, Brazil — 1,400m water depth
- Asset status
- Decommissioned May 2026
- Parent project value
- 17-year charter; 159 million barrels producedPublished value of the overall project, not ENGIC revenue.
- Categories
- Valve Systems