Japan's MODEC said Monday it would proceed with engineering, procurement, and construction on the Uaru FPSO vessel following a final investment decision on the Uaru offshore oil project by ExxonMobil ...
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 ...
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 ...
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% ...
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 ...
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 ...
An Equinor subsidiary has entered an agreement with MODEC for an FPSO to produce the field cluster of Pao de Acucar, Seat, and Gavea in the Campos basin, offshore Brazil. Equinor signed a contract ...
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