MODEC performs EPCI activities for FPSOs and other floating oil and gas production facilities. Further, by owning and operating its own floating production facilities, MODEC provides oil companies around the world with comprehensive and competitive solutions for oil and gas production services.
On average, MODEC gains about 3 years of EPCI knowledge and more than 20 years of O&M and ownership experience for each facility which it owns and operates. The knowledge and data accumulated over these successful projects as well as the operating history provide valuable feedback for future EPCI projects, further advancing MODEC's engineering and project execution processes.
Pursuit of Lifecycle Value
Throughout the entire period from design, to construction, to facilities operation, our company pursues the maximization of Life Cycle Value, which is the value we provide to our customers.