MODEC

MODEC is a Japan-based engineering company that provides procurement, construction and installation services for the floating offshore oil and gas industry across the world. Read more

80 Followers on Owler
80 Followers on Owler
80 Followers on Owler
80 Followers on Owler

MODEC

MODEC is a Japan-based engineering company that provides procurement, construction and installation services for the floating offshore oil and gas industry across the world. Read more

Takeshi Kanamori's photo - President & CEO of MODEC

President & CEO

Takeshi Kanamori

CEO Approval Rating

84/100

Founded:

1968

Status:

PublicIndependent CompanyTokyo Stock Exchange6269

MODEC TOP COMPETITORS OR ALTERNATIVES

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SBM is a top competitor of MODEC. SBM is a Public company that was founded in 1969 in Schiedam, Zuid-Holland. SBM operates in the Oil & Gas Exploration, Production, Sales industry. Compared to MODEC, SBM has 890 fewer employees.

JGC is seen as one of MODEC's biggest rivals. JGC was founded in 1928, and is headquartered in Yokohama-shi, Kanagawa Prefecture. JGC is in the Oil & Gas Exploration, Production, Sales industry. JGC generates $4B more revenue vs. MODEC.

Bumi Armada is seen as one of MODEC's top competitors. Bumi Armada was founded in Kuala Lumpur, Other} in 1995. Bumi Armada competes in the Oil & Gas Exploration, Production, Sales industry. Compared to MODEC, Bumi Armada generates $2.5B less revenue.

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Is Mega Energy a competitor of MODEC?

MODEC Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3B

MODEC's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 6.6B. Over the last three quarters, MODEC's revenue has grown by 13.4%. Specifically, in Q4 2020's revenue was $801.3M; in Q3 2020, it was $697.1M; in Q2 2020, it was $706.5M.

MODEC Acquisitions

No recent acquisitions found related to MODEC

MODEC Funding History

No recent funding data found related to MODEC

MODEC Investments

No recent investments found related to MODEC

MODEC News

April 2, 2021MarketScreener

Change of President

(marketscreener.com) This document has been translated from the Japanese original for reference purpo... See more »
April 2, 2021Offshore Energy Today

Petrobras suspends MODEC from bidding over FPSO issues

MODEC has received a notification from Petrobras that its eligibility to participate in new competiti... See more »
March 23, 2021MarketScreener

Management Change - Representative Director

(marketscreener.com) This document has been translated from the Japanese original for reference purpo... See more »
March 11, 2021MarketScreener

Management Change - Executive Officers

(marketscreener.com) MODEC, Inc. Yuji Kozai, President & CEO Code: TSE 6269 Contact: Corporate Planni... See more »
December 25, 2020PortNews

MODEC obtains Approval by ABS for new offshore repair method for hull structures of floating production facilities

MODEC, in conjunction with Toray, has developed a repair method to restore hull strength to the neces... See more »
December 15, 2020Industrial Info Resources

MODEC to Provide Operations and Maintainence Services for Sangomar FPSO, an Industrial Info Market Brief

MODEC has signed operations and maintenance services contract for the Sangomar floating production, s... See more »
December 14, 2020Gulf Oil and Gas

MODEC Awarded Operations & Maintenance Contract

MODEC has signed a contract with Woodside Energy(1) for the operations and maintenance of a Floating ... See more »

MODEC Press Releases

September 9, 2016Newswire Today

GE Oil & Gas Signs Service Agreement with MODEC to Apply Data Analytics and Gas Turbine Expertise to Brazilian FPSOs

NewswireToday (newswire) - GE Oil & Gas has signed a major agreement with MODEC to supply and service... See more »
August 16, 2016openPR

Rising Oil and Gas Exploration in Unconventional Locations to Drive Global FPSO Market to US$43.4 bn by 2021.

A recent market research report published by Transparency Market Research gives a thorough analytical... See more »
January 18, 2016Business Wire

Mooring Systems Market - Global Trends & Forecast to 2020 - Increase in Energy Demand - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3jb5qr/moor... See more »
July 24, 2015PRESSRELEASEPING

Offshore Mooring Systems Market is Expected to Reach USD 1,159.6 Million in 2021

Offshore Mooring Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast ... See more »

MODEC Videos

Social Media

MODEC Headquarters

3-10, Nihonbashi Nihonbashi Maruzen Tokyu Building 4th & 5th Floors, 2-chome, Chuo-ku

Tokyo, Tōkyō Prefecture103-0027

81-3-5290-1200

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MODEC Summary

ABOUT

Overview

MODEC is a Japan-based engineering company that provides procurement, construction and installation services for the floating offshore oil and gas industry across the world. MODEC was founded in 1968. MODEC's headquarters is located in Tokyo, Tōkyō Pr...

CEO

MODEC's President & CEO, Takeshi Kanamori, currently has an approval rating of 84%. MODEC's primary competitors are SBM, JGC & Bumi Armada.

Website

modec.com

Frequently Asked Questions about MODEC

  1. When was MODEC founded?

    MODEC was founded in 1968
  2. Who is MODEC's CEO?

    MODEC's CEO is Takeshi Kanamori
  3. How much revenue does MODEC generate?

    MODEC generates $3B in revenue
  4. How much funding does MODEC have?

    MODEC has historically raised $0 in funding
  1. Where is MODEC's headquarters?

    MODEC's headquarters is in Tokyo Tōkyō Prefecture, JP
  2. How many employees does MODEC have?

    MODEC has 5,460 employees
  3. What sector does MODEC operate in?

    MODEC is in Oil & Gas Exploration, Production, Sales, Oil & Gas Equipment & Services
  4. Who are MODEC's competitors?

    MODEC's top competitors are SBM, JGC, Bumi Armada