MODEC has been the leading provider of floating offshore solutions for the oil and gas industry. MODEC provides top-quality ...

The FSO is expected to stay on-site for a minimum of 10 years. The vessel is a 273,000-dwt tanker built in 1974, and the project consists of two major parts: the refurbishment of the vessel and ...

Decommissioned in 2023, the ship was sold to Indian cash buyer Lyla Trading, which market sources said was required to spend ...

In addition, the design of the FSO is based on the rules for building and classing steel vessels of the American Bureau of Shipping (ABS). For the fire protection and fire extinguishing system and ...

“A ship to ship transfer is probably the best scenario, but we need security guarantees for such an operation.” The FSO Safer was abandoned off Yemen after a civil war broke out in the country ...

Next year will require six heavy-lift installations, four offshore Peninsular Malaysia and two offshore Sarawak; while 2027 ...

has delivered a floating storage and offloading vessel to Truth Maritime Services Company for operations offshore Thailand. Converted from a 2005-built Aframax tanker, the G1 FSO will replace the ...

One ship, FSO Safer off the coast of Yemen, "could have spilled more than a million barrels of oil into the Red Sea," though the United Nations has since worked to empty it of its oil. But a ...

SAFER FSO is an oil tanker that is moored some seven miles off the Ras Isa port in the Red Sea coast. It once belonged to the Yemeni government and served as an offshore oil platform for vessels ...