Rigs and Vessels

Modec steps away from Petrobras FPSO projects amid contractual challenges

Japanese floater specialist turns its back on new FPSO business involving Brazilian energy giant

In operation: Modec’s Almirante Barroso FPSO achieved first oil in May 2023.
In operation: Modec’s Almirante Barroso FPSO achieved first oil in May 2023.Photo: PETROBRAS
Singapore/Rio de Janeiro
BrazilPetrobrasModecEquinorSouth America
Published 23 August 2023, 04:10Updated 24 August 2023, 13:59