GE Oil & Gas signs FPSO agreement with MODEC

GE Oil & Gas, whose US headquarters are located in Texas, has signed a major agreement with MODEC, an owner/operator and EPIC (Engineering, Procurement, Installation and Commissioning) general contractor of floating production systems, to supply and service gas turbines for FPSOs (Floating Production Storage and Offloading) in Brazil.

MODEC ordered GE gas turbines for eight FPSOs based in Brazil and signed a 25-year maintenance contract for gas turbines on six FPSOs. The contractual service agreement will include data analytics for advanced monitoring and diagnostics, helping to improve equipment availability and operational efficiency.

It is one of GE’s largest ever service agreements for FPSOs. GE Oil & Gas has a base in Petropolis, Brazil, enabling it, where necessary, to undertake repair work onshore to reduce turnaround time.

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