Baggio Shipping & Chartering with Shipment of Huge Modules

Baggio Shipping & Chartering have recently chartered a vessel to ship 3 huge oil field modules from Thailand to China as follows:

  • Module M15 – Utilities Module: 645mtns
  • Module M09 – PIG Launchers / Receivers and Production & Injection Manifolds: Divided in 2 Pieces; M09A @ 1,644mtns / M09B @ 1,030mtns
  • Module M01 – Flare System: 1,088mtns

Managing Director, Pedro Arruda: “The project relates to the Búzios field, formerly known as Franco and 100% operated by Petrobras S.A., which is located approximately 200km off the coast of Rio de Janeiro in Brazil, near the Lula and Lara fields in the pre-salt section of the Santos basin. The field has a water depth of 1,600-2,100m and contains good quality oil (26º – 28º API). Búzios is one of six fields located on unlicensed acreage in the Santos basin ceded by the government under an oil-for-shares deal concluded in 2010. The field is estimated to hold up to 13 billion barrels of oil equivalent.

Búzios will require six floating production, storage and offloading vessels (FPSOs), each with a production capacity of 150,000 b/d of oil and 7 MMcm/d of gas, with an oil storage capacity of 1.4 million barrels. The first four vessels will be named P-74, P-75, P-76 and P-77.

The scope of work for our customer includes the construction of gas export, CO2 removal, gas injection, oil processing and water treatment modules of the P-75 and P-77 FPSOs.

The modules were transported after being built by BJC Heavy Industries in Map Ta Phut, Rayong, Thailand. They were responsible for delivering the modules on board our vessel and for that they subcontracted the highly-qualified company Mammoet. We discharged the modules at Cosco Shipyard Group Co in Dalian, China who are responsible for the integration of the modules on the FPSO hulls as well as the construction of the remaining modules not pertaining to our customer’s contract. Therefore, they are responsible for offloading our vessel with their 3,000mtn floating crane which will directly integrate the pieces on the FPSO hull.”

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