Norway's BW Offshore has completed the acquisition of a used floating production, storage and offloading vessel, and is targeting up to three oil and gas project opportunities for it. The acquisition ...

MODEC has outlined plans merge its wholly owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit. SOFEC, known ...

MODEC Inc said Tuesday it is combining its wholly owned companies MODEC America Inc and SOFEC Inc to create an integrated mooring solutions business. "SOFEC will be fully integrated into the MODEC ...

A partnership of Ocean Installer and OneSubsea has been awarded a major new job related to the next development phase of the Balder area in the Norwegian North Sea. The partnership is under way with ...