Modec

MODEC specializes in floating production systems for offshore oil and gas.

MODEC designs and operates Floating Production Storage and Offloading (FPSO) units.

MODEC manages projects for floating production systems, including FPSO, FSO, FLNG, TLP, and semi-submersible units.

Mitsui Ocean Development (MODEC) provides news and media updates, specializing in total services for floating offshore oil and gas production facilities.

MODEC offers career opportunities in engineering, procurement, construction, and installation for floating production systems.

Mitsui Ocean Development (MODEC) introduces its leadership team and provides total services for floating offshore oil and gas production facilities.

MODEC designs, builds, and operates floating production systems such as FPSO, FSO, FLNG, TLP, and semi-submersible units.

MODEC provides contact information for inquiries.

MODEC offers investor relations contact details.

MODEC offers floating production solutions for offshore oil and gas, specializing in FPSO, FSO, FLNG, TLP, and production semi-submersible vessels.

MODEC is the only Japanese company providing design, construction, leasing, chartering, and operation & maintenance services for floating offshore oil and gas production facilities.

MODEC completes the forward hull section for its next-generation FPSO vessel, the *Gato do Mato*, at Sumitomo Heavy Industries’ Yokosuka shipyard in Japan. The section is now being transported to a Chinese yard for final integration. The milestone advances construction of the specialized vessel designed for offshore oil production and storage.

Jul 2026MODEC, Inc.News article

MODEC’s FPSO *Cidade de Niterói MV18* completes its charter and operations & maintenance (O&M) services for the **Marlim Leste oil field** in Brazil’s **Campos Basin**. The vessel departs Brazil after demobilization on **May 8, 2026**, and arrives at a **ship recycling facility in Denmark** for decommissioning. The FPSO is owned and operated by MODEC’s fleet.

Jun 2026MODEC, Inc.News article

MODEC supplies a SOFEC® Internal Turret Mooring System for the Coral Norte Floating Liquefied Natural Gas (FLNG) project offshore Mozambique. The project is developed by Eni alongside partners CNPC, ENH, XRG, and KOGAS. MODEC collaborates with the Technip Energies–JGC joint venture to ensure integration, execution, and long-term reliability. The hull launch occurred in January 2026 at Samsung Heavy Industries.

Jun 2026MODEC, Inc.News article

MODEC restarts oil production on the FPSO *Baobab Ivoirien* after completing a life extension and refurbishment in Dubai. The vessel, now operational, follows a major overhaul to extend its service life. This marks a key milestone for offshore oil production capacity in Côte d'Ivoire.

Jun 2026MODEC, Inc.News article