MODEC, Inc. (“MODEC”) announces that the FPSO Baobab Ivoirien safely restarted oil production on June 4, 2026, following a major life extension and refurbishment campaign executed in Dubai.

Serving the Baobab field, located approximately 65 km southwest of Abidjan, Côte d’Ivoire, the FPSO underwent an extensive program to extend its service life and enhance long‑term operability.

MODEC was responsible for the project execution of the life extension and refurbishment. The FPSO was delivered to our client, CNR International (Côte d’Ivoire) S.A.R.L. (“CNR”), on schedule, with more than 6.7 million man-hours worked without a Lost Time Injury.

After completing the campaign in Dubai, the FPSO sailed back to Côte d’Ivoire, where it was safely reconnected, commissioned, and prepared for start-up. The restart of production marks the successful conclusion of this complex transformation and the beginning of a new chapter for the Baobab field.

In February 2025, MODEC transferred ownership of the FPSO to CNR and concluded the charter contract. The FPSO was renamed “FPSO Baobab Ivoirien” upon the sale, and MODEC continues to provide operation and maintenance (O&M) services, currently scheduled through December 2026.

About MODEC

MODEC is a leading provider of floating production solutions such as Floating Production Storage and Offloading (FPSO) vessels to the offshore oil & gas industry. MODEC performs Engineering, Procurement, Construction and Installation (EPCI) activities for FPSOs, and further by owning and operating its own FPSOs, it provides oil companies around the world with comprehensive and competitive solutions for oil & gas production services.