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) ...

PARIS –A British maker of zero-emissions commercial trucks appears to be on the verge of turning a profit. Modec Ltd. this year will produce about 300 6-ton (5.5-t) trucks powered by lithium-ion ...

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 ...

Japan’s Modec is hailing the successful testing of technology that could enable the exploitation of shallow methane hydrate resources, which have been discovered in the nation's offshore waters. Being ...

Floater specialist Japan’s Modec and compatriot engineering, procurement company JGC Corporation have completed a greenhouse gas (GHG) emissions quantification project on floating production, storage ...

Modec (JP:6269) has released an update. Modec, Inc. reported a strong financial performance for the first nine months of 2024, with revenue rising by 20.5% to reach $2.99 billion and profit before tax ...

Modec (JP:6269) has released an update. MODEC, Inc. has reported a significant improvement in its financial performance for the first nine months of 2024, with revenue rising by 20.5% and profit ...

Ship classification organization ABS granted approval in principle for an FPSO vessel for blue ammonia designed by Japanese firms MODEC and TOYO. Ship classification organization American Bureau of ...

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 ...