Japanese FPSO supplier MODEC has won a contract with Equinor to supply an FPSO vessel for the BM-C-33 block of the Campos Basin offshore Brazil. The order comes just days after Equinor and its ...
Japan’s Modec has reported strong quarterly financial results thanks to the recognition of revenue and gross profit from the construction of floating production, storage and offloading vessels. Modec ...
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 ...
Shell do Brasil Ltda (Shell) has hired MODEC Inc. to deliver the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system on the Gato do Mato development ...
Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% ...
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 ...
The contract is a limited notice to proceed (LNTP) by ExxonMobil Guyana, pending necessary government and regulatory approval, the service provider said in a release Apr. 21. Phase one encompasses ...
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