OPERATIONS

Modec launches US$535m offering as seeks to bolster FPSO business

Japan’s Modec unveils new FPSO business plan

Modec supplied the FPSO for Woodside's Sangomar project in Senegal. Image courtesy of Modec.

Leading international floating solutions provider to the offshore oil and gas industry, Modec, which is active in Australia, has launched a US$535 million secondary offering to support a new business plan....

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