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MODEC News
ABS Approves MODEC’s Offshore LCO2 Storage and Injection Unit
ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL).Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities, bringing LCO2 storage and injection offshore.With a design…
MODEC Finds Partner for FPSO and Maritime Projects in Africa
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) projects as well as other maritime infrastructure projects in Africa.MODEC has extensive African experience, having delivered 11 FPSOs/FSOs/MOPU/TLPs in West Africa in the past.Currently MODEC is providing charter service for FPSO Prof.
MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO
MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon capture technology on a floating, production, storage and offloading (FPSO) vessel.The offshore carbon capture project envisages the installation of a carbon capture module on a MODEC FPSO vessel as a pilot, and it will be a first-of-a-kind deployment of Carbon Clean’s CycloneCC…
ABS Greenlights Toray’s Innovative Technique for In-Situ FSO, FPSO Repairs
Japan-based Toray Industries has secured type approval from the American Bureau of Shipping (ABS) for the vacuum-assisted resin transfer molding (VaRTM) process for in-situ ship repairs, developed jointly with MODEC.The technique entails applying carbon fiber reinforced plastic (CFRP) to corroded areas with reduced thicknesses of floating production, storage and offloading (FPSO) and floating storage and offloading (FSO) systems.ABS is one of the world’s leading classification societies…
MODEC and Toray Develop New FPSO Repair Technique
MODEC and Toray Industries have jointly developed a carbon fiber-reinforced plastic (CFRP) patch technique for repairs on Floating Production, Storage and Offloading (FPSO), and Floating Storage and Offloading (FSO) systems.FPSO and FSO repair services provided by MODEC, a general contractor specializing in engineering, construction, operation, and maintenance services of offshore oil and gas vessels…
MODEC to Deliver Highly Complex FPSO for Equinor's $9B Project Offshore Brazil
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 partners Repsol Sinopec Brasil, and Petrobras took the $9 billion investment decision to develop the BM-C-33 project in Brazil. Located in the Campos Basin, BM-C-33 comprises three different pre-salt discoveries – Pão de Açúcar…
MODEC Confirms FPSO FEED for Exxon's Uaru Oil Field Offshore Guyana
Japanese floating oil and gas production systems provider MODEC has signed a contract to perform Front End Engineering and Design (FEED) for an FPSO vessel for ExxonMobil's “Uaru” oil field development project offshore Guyana.The FEED contract award relates to the initial funding by ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), to begin FEED activities related to…
Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC
Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022.MODEC’s parent company, MODEC, Inc., will supply this facility to Woodside, for deployment in Senegal as part of the Sangomar Field Development Phase 1 project.
First of Four FPSOs Deployed at Petrobras' Mero Field
The Guanabara FPSO has arrived at the Mero field in the Santos Basin, offshore Brazil, the Brazilian state-run oil company Petrobras has informed.The FPSO, also known as Mero 1, will be the first 'definitive' oil production system at the Mero field, the third largest pre-salt field behind Búzios and Tupi. MODEC is responsible for the engineering, procurement, construction, mobilization, installation and operation of the FPSO…
MODEC Confirms Bacalhau FPSO Order
Japanese FPSO specialist MODEC has been awarded the contract for the delivery of an FPSO unit for Equinor's Bacalhau development.The EPCI contract award follows the final investment decision for the development of the field, announced by Equinor and its partners Tuesday. The development of the field located in the Santos Basin will cost around $8 billion.As previously reported, more than a year ago…
Equinor Sanctions $8B Bacalhau Field Development in Brazil
Norwegian oil and gas company Equnior has made a final investment decision for the development of the Bacalhau field offshore Brazil.The development of the field located in the Santos Basin will cost around $8 billion. Arne Sigve Nylund, Equinor’s executive vice president for Projects, Drilling, and Procurement said: "This is an exciting day. Bacalhau is the first greenfield development by an international operator in the pre-salt area and will create great value for Brazil…
Sangomar FPSO Construction Starts in China
The conversion of a VLCC into an FPSO bound for Woodside's Sangomar project in Senegal has recently kicked off in China, the Australian oil firm said in a recent report.The 323 meters-long very large crude carrier (VLCC) Astipal in February arrived in China, where it will, in Woodside's words, undergo "a metamorphosis" into the floating production storage and offloading (FPSO) facility for the Sangomar field.
Petrobras Suspends MODEC from Bidding for FPSO Projects
Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. A day after the announcement the Japanese firm named a new CEO but the change is seemingly not related to the Petrobras issue.MODEC, which sees Brazil as its main market, said last Thursday it had received a notification from…
Modec Nets Sangomar FPSO Operations and Maintenance Deal
Japanese FPSO contractor Modec has won a contract with Woodside for the operations and maintenance of the Sangomar FPSO in Senegal.The deal follows a contract signed in January for Modec to deliver the FPSO for Sangomar field development - Senegal's first offshore development.The operations and maintenance contract will cover all in-country installation and commissioning activities following which an initial 10-year operations and maintenance term will begin.
Wilhelmsen Gets DNV GL Type Approval for the Digi Boiler
Alongside the unique Type Approval for the Digi Boiler automated dosing system, Wilhelmsen have also been certified as reportedly the first and only approved service supplier for DNV GL’s BMON+ class notation.“Our system is tried, tested and proven at sea, but we understood that Type Approval was an absolute necessity, and so we initiated this process with DNV GL," said Rune Nygaard, Business Manager Ventures in Wilhelmsen Marine Products’ recently established Open Innovation division.
McDermott Ships Second Batch of Topside Modules for Modec FPSO
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 shipment of modules sailed away from McDermott's Altamira fabrication facility in Mexico to be installed on the FPSO named Miamte MV34.The once completed, the FPSO will be located in the Eni-operated Area 1 block…
Three Firms in Dorado FPSO FEED Contract Race
Three FPSO specialists are competing for Santos' Dorado FPSO front end engineering design contract, set to be awarded later this year.This is according to Carnarvon, Santos' partner in the Dorado field discovered offshore W. Australia in 2018, and dubbed one of the gas-rich country's largest oil discoveries of the century.Santos and Carnarvon have envisioned the development to include an FPSO and a…
Keppel to Deliver Components for Two MODEC FPSOs
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, and integrate the topside modules and mooring support structure for a Floating Production Storage and Offloading vessel (FPSO).Components for the modules and mooring…
Four Japanese Companies Join Modec in Sepia FPSO Deal
Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO)…
MODEC Connects Offshore Fleet with O3b/RigNet
O3b Networks, technology solutions company RigNet and floating production service provider MODEC, entered an agreement to provide high-throughput, low latency connectivity…
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