Modec News


MAN Compressors for Senegal's First FPSO

Dec 08, 2020

Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…

ARMS Reliability Wins Contract with MODEC

Nov 23, 2020

ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…

Modec Takes Delivery of Carioca MV30 FPSO

Nov 13, 2020

Chinese shipbuilder Cosco Dalian has completed the construction of the Carioca MV30 FPSO for Japan's Modec.The 332 meters long Carioca FPSO - converted from Flandre VLCC - will be deployed at the Sépia field operated by Petrobras, located in…

Equinor Hires Baker Hughes, Halliburton, and Schlumberger for Drilling Work at Bacalhau Field Off Brazil

Nov 10, 2020

Norwegian oil firm Equinor has awarded the three largest oilfield services firms, Baker Hughes, Halliburton, and Schlumberger, contracts for drilling and well services on its Bacalhau field in Brazil.The total value of the three contracts is estimated at $455 million…

McDermott Ships Second Batch of Topside Modules for Modec FPSO

Nov 05, 2020

Offshore engineering and construction firm McDermott on Thursday announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for Japans' Modec.The new shipment comes just weeks after the first…

Palfinger's Cranes for Giant Brazil-bound FPSO

Nov 04, 2020

Crane specialist Palfinger will deliver two wire luffing lattice boom cranes to the largest FPSO vessel ever delivered to Brazil. The FPSO, to be delivered by Japan's Modec, will be deployed at  Equinor's Bacalhau field (formerly Carcará), about…

MODEC Sets Out to Reduce Cost of Floating Wind Turbines

Oct 30, 2020

Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…

MAN to Supply Compressor Tech for Bacalhau FPSO

Oct 29, 2020

MAN Energy Solutions will supply five radial compressor and two screw compressor trains for the Bacalhau FPSO, under the contract with the Japanese FPSO specialist MODEC.The compressor trains will be installed aboard the FPSO that will be used to produce oil for Equinor at the Bacalhau field…

First Topside Modules Ship for Miamte MV34 FPSO

Oct 07, 2020

The first batch of topside modules has been shipped for a floating production storage and offloading (FPSO) unit for Japan's MODEC, U.S.-based engineering and construction firm McDermott International said on Wednesday.The FPSO, named Miamte MV34…

SRO Solutions Upgrades IBM Maximo for FPSO Player MODEC

Sep 09, 2020

UK-based tech company SRO Solutions has recently completed what it says is a 'major digitization project' for the Japanese FPSO provider MODEC in Ghana where the company has two FPSOs deployed.'The project, part of a series of high value digitization…

Keppel to Deliver Components for Two MODEC FPSOs

Jul 15, 2020

Singapore's Keppel O&M has received orders from Japan's FPSO leasing company MODEC to deliver components for two FPSO units. The orders are worth S$73 million (USD52,5 million) in total.In Singapore, Keppel Shipyard will fabricate, complete…

Petrobras to Launch Tender for Brazil's Biggest Ever FPSO

Jul 08, 2020

Petrobras is preparing to launch a tender to build Brazil's largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm pushes ahead with ambitious plans to boost deepwater production.Petroleo Brasileiro SA…

Woodside: Sangomar on Track for First Oil in 2023

Jun 23, 2020

Australian oil and gas company Woodside has reiterated that its $4.2 billion Sangomar project offshore Senegal, is still on track to produce first oil in 2023.The company was responding to media reports stating that Senegal has been forced to…

FPSOs: The New Business Model

Feb 29, 2020

As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil…

Operators Could Soon Pay More for FPSOs

Feb 27, 2020

Amid a raft of February orders and near-orders for floating production storage and offloading vessels, or FPSOs, comes a new report suggesting those shipyards and engineers able to piece them together may soon be feeling the strain.'The strong pace of recent orders has a downside…

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