The European division of Modern American Recycling Services (MARS) has formalised an agreement with Green Recycling to dismantle a floating production storage and offloading unit owned by Shell Brasil Fluminense.
The oil and gas production asset, located in the Salema oil fields of Campos Basin, will be scrapped after being in service for over 20 years. The structure is 390 metres long with a light displacement of 51 000 tonnes.
The two parties expect to sign the contract this year, covering engineering activities, preparation, dismantling and eco-friendly recycling of the unit. The Fluminense unit is expected to arrive at the MARS yard in Friederichshafen, Germany, in 2024, after obtaining the required approvals in compliance with local and international regulations.
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