Modec the world's second-largest FPSO provider had been favoured to land the contract to provide Singapore-based Pearl with the FPSO, which will be an upgrade of Modec's existing FPSO Buffalo Venture.

Offshore Frontier Solutions (OFS), a Modec group company in Singapore, has partnered with Toyo Engineering to establish a global capability centre in Bengaluru, India. This joint venture company, Toyo ...