Japanese floater specialist Modec has taken delivery of a floating production, storage and offloading vessel — which is destined for Petrobras’ Buzios pre-salt field offshore Brazil — from Cosco Shipping Heavy Industry.

The Almirante Barroso FPSO sailed from Cosco’s Dalian city yard, in northeastern China’s Liaoning province, on Saturday and should produce its first oil later this year.

The floater is the 11th such unit Cosco has converted for Modec.

It will be the 5th FPSO deployed at the Buzios field, which is operated solely by Petrobras and is located 180 kilometres off the coast of Rio de Janeiro, in the giant pre-salt region of the Santos Basin.