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 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 the world's second-largest FPSO provider had been favoured to land the contract to provide Singapore-based Pearl with the FPSO, which will be an upgrade of Modec's existing FPSO Buffalo Venture.

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 ...

MODEC and Toyo Engineering (TOYO) have received approval in principle (AiP) from the American Bureau of Shipping (ABS) for a ...

Shell Brasil, a unit of oil and gas giant Shell SHEL, has awarded a Front-End Engineering and Design (FEED) contract to Tokyo-based floating platform expert MODEC Inc. for a new Floating Production, ...

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% ...

Italian operator Eni has taken another significant step forward on its Amoca field development off Mexico by awarding Japanese floater specialist Modec a letter of intent to provide it with a floating ...

SOFEC, a MODEC Group company, has completed the engineering, supply, and delivery of a mooring system - chains and anchors - for Petronas' Floating LNG 1 (L) Ltd.According to a press release from ...

Shell plc SHEL has teamed up with Japanese Floating Production Storage and Offloading (“FPSO”) specialist Modec, Brazil’s State University of Campinas (Unicamp) and digital solutions company Shape ...