MODEC, Inc. has announced that the FPSO Carioca MV30, deployed for operations in the Sépia field in the pre-salt region of the Santos Basin off the coast of Brazil, achieved first oil production on August […]
MODEC, Inc. has announced that on 1 June 2021, Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA, took its final investment decision (FID) for a floating production storage and offloading (FPSO) vessel for the […]
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 […]
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 […]
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 […]
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 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, 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 […]
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 […]
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 […]
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