Japanese floater specialist Modec has awarded a major front-end engineering and design contract to Chinese yard CIMC Raffles for its next generation newbuild hull for floating production storage and ...

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) ...

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 ...

ONE hundred tonnes of steel components for ExxonMobil’s Hammerhead floating production, storage, and offloading (FPSO) vessel ...

BrasFELS Shipyard has secured a contract to complete parts of the topside modules fabrication of an FPSO for the Raia project in Brazil. BrasFELS Shipyard, a member of Singapore-based Seatrium Group, ...

Navistar International Corporation and U.K.-based Modec Limited have formed a joint venture to produce Class 2c-3 all-electric commercial trucks, which will be sold in North, Central and South America ...

MODEC reports that Mitsui, Marubeni and Mitsui O.S.K Lines will participate in its project to supply a floating production, storage and offloading vessel for the TEN development off Ghana. Japan-based ...

A ‌new floating production facility for a consortium led by Exxon Mobil in Guyana is nearly complete and expected to soon ...