In a strategic move that could reshape the offshore industry landscape, Japanese floating solutions provider Modec has adopted a new contracting strategy, tilting its focus towards projects offered by ...

Japanese floater specialist Modec has rejected suggestions it is adopting a new strategy that would see it no longer participating in Petrobras tenders in Brazil for floating production, storage and ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. MODEC said in a media release the ...

MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) ...

Carbon Clean and MODEC signed a deal to accelerate the development of an offshore floating solution for the capture of carbon dioxide. Carbon Clean Solutions Ltd. and MODEC Inc. have signed a deal to ...

MODEC has inked a purchase and sales agreement and secured a 20-year contract for the operation and maintenance of the floating production storage and offloading (FPSO) vessel for Shell's Gato do Mato ...

MODEC has secured the full engineering, procurement, construction and installation (EPCI) contract to deliver a floating production, storage and offloading (FPSO) vessel for the Hammerhead development ...

Dubai, UAE: Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by MODEC Management Services Pte. Ltd., further strengthening its ...