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Modec seeks new suppliers in the national territory to meet the high demand for projects in the Brazilian market

Written by Ruth Rodrigues
Published 24/11/2022 às 10:42
With strong growth in recent years, the Japanese company is now seeking to meet the demand for projects in the domestic market. Modec needs reliable suppliers and is now seeking contracts with companies in the offshore segment.
Photo: Modec

With strong growth in recent years, the Japanese company is now seeking to meet the demand for projects in the domestic market. Modec needs reliable suppliers and is now seeking contracts with companies in the offshore segment.

Amidst the heating up of the fuel segment throughout the national territory, the Japanese company Modec is now aiming at contracting new suppliers in the Brazilian market. The company has a high demand for projects in the segment in Brazil, but it needs reliable suppliers to guarantee the success of the projects. enterprises. For this, it conducts constant market research and seeks partnerships with the best companies in the segment in the country.

High demand for projects in the Brazilian offshore market drives Japan to seek new suppliers to develop projects in the national territory

With 12 FPSO-type platform vessels under production in Brazil and another three units under construction that will be installed in the country, the Japanese company Modec is in a great moment in the national territory.

However, there is still a lack of partnerships with local suppliers to accelerate and boost projects under development in the market.

For this reason, the Japanese company is now doing field research and is keeping an eye on the supply chain for new hires in Brazilian territory.

This was one of the themes discussed by Modec during the 5th edition of the Firjan SENAI SESI's Opportunity Network Program, which included Modec's Supplier Relations manager, Eduardo Bustamante.

He highlighted that he understands that the company's growth in the Brazilian market requires new suppliers, since the high demand for projects requires greater support.

“We have partnerships with whom we trust, and we need to develop new ones. Soon we will have more ships in production. Each of these has the offshore population plus onshore support crews. They need much supply and service. Our spending in 2021 was more than US$500 million, with 80% of local content”, commented Bustamante during the event.

He also said that the main point that Modec looks for in suppliers is the quality of services and products, but he does not leave aside the observation of competitive prices in this market.

Modec highlights a large portfolio of products demanded for the development of projects in the domestic market and seeks specialized suppliers

According to Modec, the main products in high demand in projects in the national offshore sector include industrial filters, valves, pumps, compressors, accessories.

Manufacturing, repair, maintenance, offshore chartering and communication systems are the main services required by the suppliers that the company will hire over the next few months.

The offshore oil and gas segment has been heating up strongly in recent months and could reach investments of BRL 300 billion by 2024, according to Firjan forecasts.

"At Modec, we identified 17 business opportunities that could be met by 240 potential companies in the state of Rio, based on a survey carried out with 2,2 possible registered suppliers", explained the Federation's Oil, Gas and Naval analyst, Felipe Siqueira.

Furthermore, during the 5th edition of the Firjan SENAI SESI's Opportunity Network Program, Firjan's Oil, Gas and Naval manager, Karine Fragoso, celebrated the new partnerships and the large participation of the Brazilian market in the projects.

Learn more about Modec

Modec is a Japanese company that owns EPCI (Engineering, Procurement, Construction and Installation), general contractor of floating production systems, including floating storage and offloading units (FPSO), floating storage and offloading units (FSO), FLNGs, tension leg platforms (TLPs), Semi-Submersibles, Mooring Systems and new technologies that will meet the challenges of gas production floats.

Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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