Offshore Natural Gas News
What happened
MODEC has sent an older Brazil‑operated FPSO to Denmark for recycling after 17 years in operation, making this a concrete end‑of‑life execution rather than a planning note. The move highlights active demand for recycling yards and tow/mobilisation services; buyers should watch whether European recycling flows shift yard slots or pricing in other regions
Why the category manager should care
This is an operational decommissioning example buyers can use to test their yard mapping and tow procurement assumptions
Key facts
- FPSO moved for recycling after 17 years in operation
- Recycling execution landed in Denmark — a European yard flow example