(Energy Analytics Institute, 15.Feb.2024) — Modec‘s profits increased significantly due to good progress in the construction work of new EPCI projects and improved asset integrity of old Brazil FPSO vessels, the company revealed 15 Feb. 2024 in its 2023 financial results analysts presentation.
EPCI works recorded good progress, including FPSOs awarded in 2023, namely ExxonMobil Uaru and Equinor Raia, Modec said.
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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
