Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% ...

Modec and Toyo Construction have obtained approval in principle (AIP) from Japanese marine classification society ClassNK for an adaption of tension leg platform (TLP) technology used in offshore oil ...

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 ...

Shell Brasil, a unit of oil and gas giant Shell SHEL, has awarded a Front-End Engineering and Design (FEED) contract to Tokyo-based floating platform expert MODEC Inc. for a new Floating Production, ...

Keppel Offshore & Marine Ltd, through subsidiary Keppel FELS Brasil SA's BrasFELS shipyard, has been awarded a Floating Production Storage and Offloading (FPSO) module fabrication and integration ...

Shell plc SHEL has teamed up with Japanese Floating Production Storage and Offloading (“FPSO”) specialist Modec, Brazil’s State University of Campinas (Unicamp) and digital solutions company Shape ...