MODEC strengthens Malaysia presence, FPSO capability with new execution center
MODEC, a leading floating solutions provider in the global FPSO industry, has opened its new execution center in Kuala Lumpur, affirming its commitment to Malaysia as a strategic hub for regional business operations and innovation.
Marking a significant step in MODEC’s long-term vision, the expansion is poised to enhance its capabilities and better serve clients across key global markets.
Established in 2024, the Kuala Lumpur execution center will serve as MODEC’s hub for Engineering, Procurement, Construction, and Installation (EPCI) project management, playing a critical role in:
- Supervising subcontracted detailed engineering activities,
- Overseeing hull / module construction and integration in shipyards, and
- Managing installation and commissioning activities at offshore destinations.
Beyond Malaysia, the hub will also support operations in India, China, Vietnam, Brazil, Singapore, Japan and the U.S., while driving key initiatives in Front-End Engineering Design (FEED), Pre-FEED execution, research and development, digital and analytics development, and project proposals.
Shell's Gato do Mato to be executed from the KL center
In March 2025, MODEC was awarded a Purchase and Sales Agreement, and a 20-year contract for the operations and maintenance of an FPSO for the Gato do Mato oil field, offshore Brazil by Shell Brasil Petróleo Ltda. The FPSO Gato do Mato project will be the first project to be executed in the new Kuala Lumpur execution center.
“The Gato do Mato project marks a significant milestone for us as we expand our operations into Malaysia. It's truly an honor and an exciting opportunity for me to lead the first project which will be executed in Kuala Lumpur,” said Raghava Venkateshwara, MODEC Project Manager for FPSO Gato do Mato project.
“With the FPSO industry poised for significant growth over the next decades, this new center will drive innovation, enhance our project execution capabilities, and strengthen our regional presence," said Hirohiko Miyata, President and CEO of MODEC Group. "We are excited to contribute to Malaysia’s economic development and growth while delivering world-class solutions to our clients.”