Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Modec Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Modec Inc, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Modec Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Modec Inc, Oil & Gas, Deals By Sector, 2012 to YTD 2018 9
Modec Inc, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Modec Inc, Oil & Gas, Deal Details 11
Equity Offering 11
Modec Completes Private Placement Of Shares For US$8.8 Million 11
Modec Completes Public Offering Of Shares For US$61.4 Million 12
Modec Completes Private Placement Of Shares For US$127.7 Million 14
Asset Transactions 16
Jubilee Partners Acquire FPSO Vessel From MODEC For US$750 Million 16
Acquisition 18
Mitsui, MOL, Marubeni, And Mitsui Engineering Acquire Stake In Libra MV31 From Modec 18
Mitsui, MOL, Marubeni And Mitsui Engineering Completes Acquisition Of 79.9% Stake In Sepia MV30 From Modec 20
Mitsui, Mitsui O.S.K Lines And Marubeni To Acquire 70.6% Interest In Tartaruga From Modec 22
Schahin Engenharia Completes Acquisition Of 15% Stake In Cernambi Sul MV24, FPSO Vessel Company 23
Mitsui & Co., Mitsui O.S.K. Lines And Marubeni Acquire 70.6% Stake In Cernambi Sul MV24, FPSO Company, From Modec 25
Modec Inc – Key Competitors 27
Modec Inc – Key Employees 28
Modec Inc – Locations And Subsidiaries 29
Head Office 29
Other Locations & Subsidiaries 29
Affiliate 30
Joint Venture 30
Recent Developments 31
Strategy and Business Expansion 31
Oct 12, 2018: Modec awarded LOI by Eni Mexico related to Fpso – chartering, operation and maintenance – for area 1 project in Mexico 31
Jan 09, 2018: MODEC, Mitsui, MOL, Marubeni And MES To Proceed With FPSO Charter Project For Brazilian Offshore Field 32
Financial Announcements 33
May 01, 2017: MODEC Announces First Quarter 2017 Financial Results 33
Other Significant Developments 34
Oct 19, 2018: Prosafe provides operational update for Q3 2018 34
Jun 26, 2018: MODEC’s FPSO Cidade De Campos Dos Goytacazes MV29 Achieves First Oil And 20-Year Time Charter Begins 35
May 22, 2018: Sembcorp Marine Completes Integrated Fixed Platform Topsides For High-Pressure, High-Temperature Culzean Gas Field In UK North Sea 36
May 11, 2018: MODEC, Mitsui, MOL, Marubeni And Mitsui E&S To Proceed With Ultra-Deepwater FPSO Charter Project For Mero Field Of Brazilian Offshore Pre-Salt Oil Field 37
May 09, 2018: Sembcorp Marine Completes World’s First Floating Storage And Offloading Vessel With 40-Year Hull Lifespan 38
May 09, 2018: Sembcorp Marine Completes World’s first Floating Storage And Offloading Vessel With 40-Year Hull Lifespan 39
Feb 06, 2018: Modec Announces Management Changes 40
Nov 09, 2017: Successful Completion And Delivery Of Sixth MODEC TLP 41
Sep 29, 2017: Keppel’s BrasFELS Shipyard Deliveres Its Fifth FPSO Project For MODEC 42
Jul 06, 2017: MODEC Announces Management Change 43
Jun 01, 2017: Modec’s First FPSO For Offshore Ghana Appears On New Ghana Paper Currency 44
Mar 24, 2017: MODEC Announces Changes In Executive Officers 45
Feb 22, 2017: Modec announces board changes 46
New Contracts Announcements 47
Oct 01, 2018: Modec selects Suez’s seawater sulfate reducing nanofiltration membranes for offshore oil project in Brazil 47
Jul 24, 2018: Keppel O&M subsidiaries win two floating infrastructure contracts 48
Jul 03, 2018: MODEC Awarded FEED Contract Of FPSO For Barossa Offshore Project 49
Jun 18, 2018: Santos Announces Barossa Project Awards FEED Contracts 50
Apr 12, 2018: Siemens To Deliver Gas Turbine Packages, Services For Petrobras’ Sepia FPSO 51
Feb 13, 2018: MODEC Announces Extension Of Time Charter Contract By Petrobras 52
Dec 19, 2017: MODEC Awarded Charter And Operation Services Contract For Mero Pilot FPSO By Petrobras And Partners Of LIBRA Consortium 53
Dec 18, 2017: Libra Consortium Signs Contract For FPSO For Mero Field 54
Oct 19, 2017: Petrobras: Contracting Of FPSO For Sepia Field 55
Oct 02, 2017: JVPC extends time charter contract with MODEC’s subsidiary 56
Jul 18, 2017: SOFEC Awarded Turret Mooring System Supply Contract – Eni Coral South FLNG Project offshore Mozambique 57
Appendix 58
Methodology 58
About GlobalData 58
Contact Us 58
Disclaimer 58
Modec Inc, Oil & Gas, Key Facts, 2017 2
Modec Inc, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Modec Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Modec Inc, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Modec Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Modec Inc, Deals By Sector, 2012 to YTD 2018 9
Modec Inc, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Modec Completes Private Placement Of Shares For US$8.8 Million 11
Modec Completes Public Offering Of Shares For US$61.4 Million 12
Modec Completes Private Placement Of Shares For US$127.7 Million 14
Jubilee Partners Acquire FPSO Vessel From MODEC For US$750 Million 16
Mitsui, MOL, Marubeni, And Mitsui Engineering Acquire Stake In Libra MV31 From Modec 18
Mitsui, MOL, Marubeni And Mitsui Engineering Completes Acquisition Of 79.9% Stake In Sepia MV30 From Modec 20
Mitsui, Mitsui O.S.K Lines And Marubeni To Acquire 70.6% Interest In Tartaruga From Modec 22
Schahin Engenharia Completes Acquisition Of 15% Stake In Cernambi Sul MV24, FPSO Vessel Company 23
Mitsui & Co., Mitsui O.S.K. Lines And Marubeni Acquire 70.6% Stake In Cernambi Sul MV24, FPSO Company, From Modec 25
Modec Inc, Key Competitors 27
Modec Inc, Key Employees 28
Modec Inc, Subsidiaries 29
Modec Inc, Affiliate 30
Modec Inc, Joint Venture 30
List of Figures
Modec Inc, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Modec Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Modec Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Modec Inc, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Modec Inc, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Modec Inc, Oil & Gas, Deals by Type, 2012 to YTD 2018 7
Modec Inc, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Modec Inc, Oil & Gas, Deals by Sector, 2012 to YTD 2018 9