With the goal of stepping up its drone technology game for crude oil storage tank inspections on floating production, storage, and offloading (FPSO) vessels and large offshore platforms, Japan’s MODEC has revived its relationship with Terra Drone Corpo…
Renewal of MODEC-Terra bond taking FPSO inspection drone tech to the next level Read More »
MODEC and Toyo Engineering India have set up a global capability center (GCC) in India’s Bengaluru, as a joint venture company, named TOYO MODEC OFS India (OFS India), which is envisioned to serve as a strategic hub that will create high-value job oppo…
MODEC and Toyo JV raise the curtain on new strategic FPSO hub in India Read More »
Malaysia’s Yinson Production has ticked all the items off the list to bolster its financial position and drive growth by finishing the work related to a $1 billion investment secured with a consortium of international investment firms.
The post With $1…
With $1 billion investment in hand, Yinson Production all set for further growth Read More »
Odfjell Drilling, a 52-year-old offshore drilling player, has confirmed the wrap-up of a special period survey (SPS) for another semi-submersible rig that was on the agenda this year.
The post As fourth rig returns to work, Odfjell Drilling winds down …
As fourth rig returns to work, Odfjell Drilling winds down its fleet’s planned SPS scope Read More »
UK-based uncrewed surface vehicle (USV) technology player, HydroSurv, has sold a USV to Nigeria’s offshore survey services provider, Geodetic Offshore Services Limited (GOSL), for hydrographic and geophysical survey activities.
The post Battery-hybrid …
Battery-hybrid USV order takes UK’s HydroSurv to West African waters Read More »