Shell Taps MODEC for Multi-year FPSO Contract Offshore Brazil

Shell plc (SHEL) , the British oil and gas supermajor, has awarded a multi-year operations and maintenance contract to the Japanese shipbuilding company, MODEC, to work on its Gato do Mato project in Brazil. Shell’s Brazilian subsidiary, Shell do Brasil, recently made a final investment decision on the Gato do Mato project, which is a deepwater development located in the Santos Basin offshore Brazil.MODEC has been tasked with an operations and maintenance assignment for a floating production, storage, and o ...