MODEC has been operating as a leading provider of solutions to the floating offshore oil and gas market for more than 50 years. Across this vast history, MODEC has been on a mission to unlock the potential of the ocean and deliver vital resources that will benefit humanity. MODEC achieves this through its delivery of engineering, procurement, construction, and installation (EPCI) services to the offshore sector, supported by innovative technologies which work together to help meet the challenges of the energy sector across the globe. In recent years, Singapore has remained a valuable market for the company’s development, with MODEC Offshore Production Systems (Singapore) Pte Ltd. working to provide valuable support to energy developments across Singapore and the surrounding regions.
Check out the article in the magazine below:
Since 1968, the global MODEC Group has been a leader in the floating solutions market for the offshore oil and gas industry. Many of these solutions include Floating Production Storage and Offloading (FPSO) or Floating Storage and Offloading (FSO) vessels, which are essential for supporting the delivery of energy to markets by enabling oil and gas companies worldwide to extract resources from wells and transfer them through pipelines to these vessels, where they can then be distributed across the local region. However, with most wells situated in deep offshore waters, they are often exposed to harsh conditions. Therefore, MODEC is dedicated to providing solutions that address the unique and challenging conditions of its clients’ deposits to supply vital energy, and with it, ensure customer satisfaction.
In Singapore, MODEC Offshore Production Systems is committed to providing EPCI services and, with it, the delivery of FPSOs and other floating production systems. MODEC Offshore Production Systems often works alongside Offshore Frontier Solutions Pte Ltd., a MODEC Group Company, to handle the EPCI aspects, whilst the wider MODEC group offers engineering support for oil and gas extraction and offshore exploration in Singapore. MODEC’s operations through these two subsidiaries bring vital offshore solutions to the energy sector in Singapore, and through this to the wider region.
In fact, in recent months, MODEC Offshore Production Systems announced that it was opening a new execution centre in Kuala Lumpur. The centre will be facilitated by Offshore Frontier Solutions, part of the MODEC Group, who will be responsible for supervising subcontracting detailed engineering activities, whilst overseeing the hull and module construction works. These will be completed at local shipyards, which will help manage offshore installation and commissioning activities. The centre will be the heart of MODEC’s Front-End Engineering Design (FEED), Pre-FEED execution, project proposals, research and development, as well as digital analytics. Through this execution centre, MODEC will be able to deliver innovative and efficient solutions for the benefit of its clients both in Malaysia and across the world.
The first project to be achieved by the Execution Centre will be the FPSO Gato do Mato project. The project will be delivered for Shell Brasil Petróleo Ltda, which awarded the development to MODEC in March. Whilst the final project will be located offshore Brazil, the development and construction of the FPSO will be facilitated by MODEC via the execution centre in Malaysia. Thus, the centre serves as a vital development hub in the heart of Kuala Lumpur, strategically positioned and supported by the necessary facilities to become a key driver of MODEC’s growth across the region. Through the leveraging of MODEC’s skilled workforce across the facility, the company is well-positioned to meet the evolving needs of its clients and the global energy industry.
The development of the Execution Centre in Kuala Lumpur adds to MODEC’s global capability centre, which it developed in Bengaluru in India. MODEC announced in October 2024 that Offshore Frontier Solutions has partnered with Toyo Engineering India Private Limited. The joint venture company, TOTO MODEC OFS India Private Limited (OFS India), will execute the FEED and detailed engineering and provide procurement support for the topsides of FPSO projects among its primary business activities. The Global Capability Centre opened officially in June 2025, and both the capability centre and execution centre highlight MODEC’s growing role across the region to enhance the delivery of energy solutions across the world.
This growing role was highlighted by Soichi Ide, President and CEO of Offshore Frontier Solutions, with “These strategic moves are part of the company’s expansion plan to continue to extend our capability and services to support our global clients. Besides enhancing our global footprint, OFS India and OFS Malaysia allow us to adapt quickly to changing business needs and market demands. They also provide access to a diverse pool of skilled professionals that we can tap into to boost our expertise and innovation”. Ide’s comments bring into focus the vital and comprehensive role that MODEC can provide to the offshore energy industry, and through such vital developments across Malaysia and India, reinforced Singapore’s role as a leading energy solutions provider.
At present, the global MODEC Group currently has 20 FPSOs and FSOs in operation at offshore fields in places such as West Africa, Asia, Oceania, the Gulf Coast of Mexico, South America, Brazil and the North Sea. Across these projects, MODEC delivers the best services possible through turnkey solutions that harness the energy potential across the world. By ensuring that its vessels are equipped to manage the often-harsh conditions, MODEC ensures that each project’s life cycle is maximised to deliver significant returns for the customer and the global energy industry in the process.
To remain ahead of its competition, MODEC continues to develop its FPSO and FSO solutions, and in recent years has developed two new types of hulls that are designed to optimise the future of offshore energy development. These vessels bring together MODEC’s best-in-class design and construction technology to deliver top-of-the-line FPSO and FSO projects that will see the next generation of energy production. One particular development of note is the M350™ and the MODEC NOAH™, which will help it take its energy development potential to the next level through their innovative hull designs. However, aside from its development of new hull designs, MODEC also has a key role in converting oil tankers into FPSOs and FSOs. The company has been redeveloping oil tankers for over 40 years and has built a strong reputation within the global market as a leading oil tanker conversion company.
In achieving its delivery of new and redeveloped FPSO and FSO vessels, MODEC relies on its network of shipbuilders and shipyards around the world to fully implement its EPCI works on its projects. Across its global network, MODEC has more than 6000 employees across 15 countries worldwide who help it to achieve its project visions. In addition to this, MODEC also relies on outsourced shipyards and companies that help it achieve its projects using local knowledge and expertise. Through this network, MODEC can maintain its competitive low-price points and achieve greater flexibility across its operations by building and developing FPSO and FSO vessels utilising its connections on both a local and international scale.
What we can see across MODEC operations, both on a global scale and specifically in Singapore, is that the delivery of high-quality and innovative floating solutions is allowing the company to position itself as a leading offshore floating solutions provider for the oil and gas industry. Through the execution of facilities, cutting-edge technology and innovative FPSO/FSO vessels, MODEC is set on delivering a world where the oceans’ potential is harnessed to support humanity, aided by global subsidiaries that are vital in expanding its network across the world.
Add Comment