Modec Inc.’s floating storage and offloading unit Ta’Kuntah has reached a milestone in the industry—offloading a total of 1 billion bbl of oil to 1,745 export tankers. The FSO, owned and operated by ...

MODEC, Inc. and Toray Industries, Inc. announced that they have jointly developed a carbon fibre-reinforced plastic (CFRP) patch technique for repairs on Floating Production, Storage and Offloading ...

Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, ...

Floating Storage and Offloading vessel FSO Fargo has left Dubai and is heading to the Campos Basin offshore Brazil. Perenco Brazil has seen its Floating Storage and Offloading (FSO) vessel, FSO Fargo, ...

Perenco Brazil completed hook-up of the floating storage and offloading (FSO) vessel, Pargo, on Pargo Cluster in the Campos basin, offshore Brazil, advancing the ongoing $400-million Pargo Cluster ...

Global energy investor Samos Energy has signed a ship sale agreement to purchase the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure Group. The financial terms ...

Vietnamese operator Phu Quoc Petroleum Operating Company has approached the market seeking a contractor to supply, operate and maintain a newbuild floating storage and offloading vessel to process ...

MODEC, Inc. reported Friday that it has signed a contract with Japan Vietnam Petroleum Co., Ltd. (JVPC), which is a group company of Nippon Oil Corp., for the supply and operation of a floating ...

Robert Allan Ltd. announced that it was selected by Teekay Shipping (Canada) Ltd. to provide the contract engineering package for the conversion of the M/V Navion Clipper from a shuttle tanker into a ...