Therefore, MODEC and TOYO recognize the important roles they play in contributing to the society by supplying stable energy through the FPSO business," MODEC said.

Tokyo-based MODEC owns and operates floating production systems, as well as provides solutions for such facilities. TOYO, based in Chiba, is an industrial engineering and construction company.

MODEC has developed a joint development agreement (JDA) with Velocys and Toyo Engineering to develop and commercialize gas-to-liquids (GTL) facilities for offshore applications. Each member of the ...

OFS is a joint venture company formed in 2022 by Japanese compatriots Modec and Toyo for the engineering, procurement, construction and installation of FPSO vessels. Modec on Tuesday posted a 2024 ...

Keppel FELS Brasil's contract is with MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint-venture company between MODEC, Inc. and Toyo Engineering Corporation (TOYO), to integrate ...

The R&D, which will be carried out until March 2022, will see Modec responsible for the TLP, including the mooring system, while Toyo is tasked with the mooring foundation design and offshore ...

MODEC secures ABS approval-in‑Principle for i‑TLP2 floating wind turbine design. Find the latest news from the maritime industry on the PortNews website.

Japan adds more zones to 'promising' list as offshore wind momentum grows The R&D, which will run to March 2022 under the wing of the Japanese government’s New Energy & Industrial Technology ...

Work is expected to commence in the fourth quarter of 2012. Keppel Offshore & Marine Ltd, through its subsidiary Keppel FELS Brasil, has secured a contract worth approximately US$200 million from ...

MODEC Inc. up 1.8 percent to 2,880 yen after the Japanese offshore energy developer said on Thursday it had won a $1.2 billion order to build and charter a floating development and production ...

Bengaluru: Japan’s Toyo Engineering Corporation and shipbuilding company Modec Inc on Friday announced the official opening of their global capability centre (GCC) Toyo Modec OFS India in Bengaluru.