Japanese floater specialist Modec has awarded Cosco Shipping Heavy Industry a sub-contract to work on the conversion of a floating production, storage and offloading vessel for Italian operator Eni’s $2 billion Amoca-Mizton-Tecoalli project off Mexico.

The FPSO will be converted from the Suezmax crude carrier Felicity Modec, which was recently acquired by Modec from Belgian shipowner Euronav.

The vessel left Singapore last Friday and is scheduled to arrive at Cosco’s facility in Shanghai early next week.