MODEC Inc. – Energy Northern Perspective

ABS approval for new MODEC offshore repair method for floating production facilities

23 December 2020 Editor 0

MODEC, Inc. has announced that in December 2020, it obtained an approval by the American Bureau of Shipping (ABS) for the new offshore repair method which has been developed jointly with Toray Industries, Inc. for […]

Sangomar Field Development FPSO (illustration: SOFEC)

MODEC awarded operations and maintenance contract for Sangomar Field Development FPSO

14 December 2020 Editor 0

MODEC, Inc. has announced that MODEC SENEGAL S.A.S.U (MOSEN), a MODEC Group company, has signed a contract with Woodside Energy for the operations and maintenance of a floating production storage and offloading (FPSO) vessel for […]

The second shipment of topside modules for a MODEC FPSO leaves McDermott’s Altamira fabrication facility

McDermott announces second shipment of MODEC FPSO modules

6 November 2020 Editor 0

McDermott International, Ltd has announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. It comes just weeks after the first shipment of modules sailed away […]

Comparison of footprints of difference in mooring methods

R&D launched to reduce cost of floating offshore wind turbines

30 October 2020 Editor 0

MODEC, Inc., Toyo Construction Co., Ltd. and Furukawa Electric Co., Ltd. have announced that a proposal applied for the public offering of Research and Development for Technology to reduce capital expenditure (capex) and operating expense […]

Keppel secures FPSO contracts from MODEC

15 July 2020 Editor 0

Keppel Offshore & Marine Ltd has through its wholly owned subsidiaries in Singapore and Brazil secured two contracts worth a combined value of about SGD 73 million from MODEC Offshore Production Systems (Singapore) Pte Ltd, […]

MODEC awarded contract by Equinor to supply FPSO for offshore field in Brazil

30 January 2020 Editor 0

MODEC, Inc. has announced that it has signed a sales and purchase agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA, to supply a floating production storage and offloading (FPSO) vessel for […]

Margareth Øvrum, Equinor’s executive vice president, Development and Production Brazil (photo: Equinor/Ole Jørgen Bratland)

Equinor awards Bacalhau field contracts in Brazil

30 January 2020 Editor 0

Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into front end engineering and design (FEED) contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in […]

Deepwater FPSO charter project for Marlim field of Brazilian offshore oil field to proceed

30 January 2020 Editor 0

MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. (MOL) and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose […]

Rendering of the Sangomar Field Development FPSO (illustration: Woodside)

MODEC awarded FPSO purchase contract for Sangomar field offshore Senegal

10 January 2020 Editor 0

MODEC, Inc. has announced that it has signed a contract with Woodside Energy to supply a floating production storage and offloading (FPSO) vessel for the Sangomar (formerly SNE) Field Development Phase 1 (Sangomar Field Development) […]

‘FPSO Almirante Barroso MV32’ will be the 15th FPSO/FSO vessel that MODEC has provided in Brazil, as well as MODEC’s 8th FPSO in the “pre-salt” region, following, among others, the ‘FPSO Cidade de Angra dos Reis MV22’ (pictured)

Deepwater FPSO for Búzios field to proceed

12 November 2019 Editor 0

MODEC, Inc., Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. (MOL) and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose […]