MODEC, and Terra Drone Corporation has signed a memorandum of understanding (MOU), for the technical development of inspection drones for FPSO (floating production, storage and offloading system), a typical offshore platform.
The company has announced the award of a sizeable contract by Shell for the decommissioning of subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields of the Campos Basin.
The company has announced that it has entered into a definitive agreement with industrialisation and energy services company, TAQA, to sell its entire 49% stake in Arabian Geophysical and Surveying Company (ARGAS).