SOFEC, Inc. (“SOFEC”) announced today that it has been awarded an external turret supply contract by MODEC for a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar (formerly SNE) Field Development Phase 1 (Sangomar Field Development) project in the Sangomar Offshore and Sangomar Offshore Deep oil blocks, located offshore Senegal. MODEC will supply the FPSO under an FPSO Purchase Contract to Woodside1. The FPSO will be deployed in the Sangomar field located approximately 100 kilometers south of Dakar, Senegal. The Sangomar Field Development is expected to be Senegal’s first offshore oil development. The FPSO is scheduled for delivery to support the production of first oil in early 2023 and will be moored in approximately 780 meters water depth.