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    Modec awarded contract by ExxonMobil

    News // February 15, 2002
    Modec has been awarded a contract by ExxonMobil to supply a floating storage unit for operations off Cameroon, West Africa.

    Modec will convert the ULCC Stena Companion (357,023dwt, built 1977) to store up to 250,000 barrels of crude per day produced from the Doba fields off southern Chad, with export via the Chad-Cameroon pipeline.

    Start-up for the development will be late 2003/early 2004.

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