MODEC

News

Targeted to begin production in 2026, MODEC’s contract would be for the fifth FPSO to produce oil from Exxon Mobil’s operated…

Here’s a roundup of the latest E&P headlines including new production and contract announcements from the past week in the…

Analysis highlights opportunity to repurpose FPSOs for marginal field development.

MODEC Inc. has developed the MODEC NOAH and M350, next generation new built hulls for FPSO vessels, the company said on Aug. 2.

Both the fixed platform and floating production markets are picking up again after serious efforts by operators and contractors to cut…