Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe in estimated recoverable ...

European supermajor Shell has entered into discussions with Japanese floater specialist Modec for possible engineering, procurement and construction work on a floating production, storage and ...

Adjusted earnings for Integrated Gas were $2.14 billion, higher than in $1.7 billion second-quarter 2025, reflecting higher ...

Shell do Brasil Ltda (Shell) has hired MODEC Inc. to deliver the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system on the Gato do Mato development ...

Japan’s MODEC Inc. said that it has signed a purchase and sales agreement, as well as a 20-year contract for the operations and maintenance of a floating production storage and offloading unit (FPSO) ...

Japanese floating production system specialist Modec on Monday confirmed that it has won the front-end engineering and design contract for the floating production, storage and offloading vessel for UK ...

Shell plc SHEL has teamed up with Japanese Floating Production Storage and Offloading (“FPSO”) specialist Modec, Brazil’s State University of Campinas (Unicamp) and digital solutions company Shape ...