MODEC Inc., headquartered in Japan, is an owner, operator and EPCI general contractor of floating production systems including FPSO units, FSO units, tension-leg platforms (TLPs) and semisubmersibles.
MODEC has renewed a joint R&D agreement with Terra Drone Corp. that covers non-destructive internal inspections of crude oil storage tanks on FPSOs using Terra UT drones.
Carbon Clean has signed an agreement with MODEC to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology for offshore applications on FPSOs.
Shell makes FID for an FPSO for the Gato do Mato oil field offshore Brazil, and Drydocks World inks a contract for the refurbishment and life extension of another FPSO.
