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Bacalhau Floating Production Storage and Offloading

Meggitt PLC signs a multi-million pound contract with MODEC

Meggitt plc (LON:MGGT), a leading international company specialising in high performance components and subsystems for the aerospace, defence and selected energy markets, has secured a contract with MODEC, Inc. for the supply of Printed Circuit Heat Exchangers (PCHEs) to the Bacalhau Floating Production Storage and Offloading (FPSO) vessel. The contract will be supplied by Meggitt’s Heatric business.

The use of Meggitt’s innovative PCHE technology in gas compression and gas injection processes enables superior performance at a fraction of the size and weight of other heat exchanger solutions, providing increased efficiency, flexibility and lower operating costs.

MODEC’s Bacalhau vessel will be the largest FPSO ever delivered to Brazil with a topside designed to produce up to 220,000 barrels of crude oil per day.

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