Tag: MODEC

The Hammerhead FPSO will have the initial annual average production of 150,000 barrels of oil per day

MODEC has been awarded an Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for a Floating Storage and Injection Unit “LCO₂ FSIU” that is capable to receive, temporarily store and ultimately inject carbon dioxide (CO₂).

MODEC has executed a Co-operation Agreement with Africa Finance Corporation to collaborate on FPSO projects as well as other maritime　infrastructure projects in Africa.

MODEC is also developing an innovative bottom-fixed wind turbine platform concept, designed to install up to 100 meters water depth.

The unit, to be manufactured by Eld Energy at its facility in Bergen, Norway, is scheduled for installation in 2026.

If the outcomes of the work considered by the MOU are successful, it would enable post-combustion carbon capture to be offered as a standard offering on future FPSO projects.

MODEC has been awarded a contract by ExxonMobil Guyana Limited to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project.

When installed, FPSO Gato do Mato will be capable of producing 120,000 barrels of oil per day (BOPD)

MODEC starts the offshore carbon capture project for Floating Production, Storage and Offloading (FPSO) deploying CycloneCC technology

This Blue Ammonia FPSO is intended to produce and store blue ammonia by using associated gas

MODEC and Terra Drone Enter Joint R&D Agreement to Enhance Offshore Platform Inspections with Advanced Drone Technology

A quantification of emissions of the three GHGs – methane, nitrous oxide and HFCs – was carried out from July to September 2023 at two MODEC-chartered FPSOs off the coast of Rio de Janeiro.