Corporate

MODEC Honored as “Best EPC Contractor” at ShipTek Awards 2025

Tokyo, Oct. 15, 2025

MODEC, Inc. (“MODEC”) has been named the “Best EPC (Engineering, Procurement, and Construction) Contractor” in the Oil and Gas sector at ShipTek Awards 2025, held in Singapore on 9 October 2025.

The ShipTek Awards, a globally respected platform that celebrates excellence in the maritime, offshore, and oil & gas industries, recognized MODEC for its outstanding performance in executing complex Floating Production, Storage, and Offloading (FPSO) EPC projects, whilst upholding the highest standards of safety, quality, and innovation.

“We are truly honored to be named Best EPC Contractor at the ShipTek Awards 2025,” said Eric Powell, Vice President, Technical of the Floating Production Solutions Business Unit of MODEC, who received the award on behalf of the company. “This award reflects the dedication, resilience, and technical excellence of our team, as well as the trust placed in us by our valued clients. We remain committed to pushing the boundaries of what’s possible in the oil and gas EPCI (Engineering, Procurement, Construction, and Installation) space.”

Since 1968, MODEC has been delivering competitive floating solutions for the offshore oil and gas industry. Today, it is recognized as a leading expert in floating oil and gas production solutions, including Floating Production Storage and Offloading (FPSO) vessels. Our global team of over 6,300 employees operates from onshore offices in 18 countries worldwide and offshore locations. To date, MODEC boasts a strong track record with 52 completed projects delivered and installed, along with 5 new units under construction, and is responsible for producing approximately 30% of pre-salt production in Brazil.

ShipTekAwards2025_en.jpg
From Left:
Sir Sohan Roy, Founder & CEO of Aries Group of Companies, Yusuke Yamamoto, Head of Construction, MODEC, Siddharth Chakravarty, Head of Completion, MODEC,
Eric Powell, Vice President, Technical, MODEC, Lin Chai Lee, Section Lead, Offshore Structure, MODEC, Caroline Yang, Chief Executive Officer, Hong Lam Marine Pte Ltd

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