Offshore service providers, MODEC and Halliburton have entered a strategic collaboration aimed at advancing digital asset performance management for floating production, storage and offloading (FPSO) and wider energy operations.
MODEC disclosed on June 29 that the initiative is being led through its spin-off, Shape Digital, which will work with Halliburton Landmark to integrate subsurface and surface intelligence into a unified digital asset view.
“The collaboration combines Halliburton Landmark’s Digital Field Solver (DFS) decision system with Shape Digital’s applied AI portfolio, including Lighthouse, Aura, and Reef. Integrated reservoir, well, and production network models are connected with surface-operations intelligence covering equipment reliability, energy efficiency, and safety,” the company said.
“This connection supports more consistent decision-making across three areas: integrated production planning, alignment of energy efficiency with production objectives, and safety and asset integrity,” it went on to state.
MODEC said the digital approach is built on decades of operational experience across FPSO engineering, procurement, construction and installation (EPCI), leasing, and operations and maintenance.
“Each solution reflects real-world lessons learned from resolved operational challenges, translating hard-won field experience into measurable gains in efficiency, reliability, and competitiveness,” MODEC said.
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Shape Digital will serve as MODEC’s platform for scaling applied AI and operational intelligence beyond its own fleet and into broader industry applications. The company will focus on predictive maintenance, digital twins for emissions reduction and digital barrier management.
MODEC explained that it is also strengthening its internal digital and analytics capabilities to convert operational data into actionable insights aimed at improving safety, reliability and cost efficiency.
“Together, these digital initiatives represent a strategic differentiator for MODEC: not only improving our own performance but positioning the company as a trusted partner for the energy industry’s digital transformation,” the company noted.
Halliburton and MODEC both support ExxonMobil Guyana’s operations in the Stabroek Block through technology and offshore infrastructure delivery.
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MODEC is constructing FPSOs for major developments Uaru and Hammerhead, which will process and store crude from deepwater production. Halliburton supplies digital and subsurface technologies that help optimize reservoir performance and improve production planning across the offshore assets.
