Enauta cancels deal to buy Modec’s FPSO Cidade de Santos

Capt. John

Brazilian oil and gas player Enauta has decided to terminate the contract for the acquisition of the FPSO Cidade de Santos with Japanese floater expert Modec. Enauta signed a deal with Modec to buy the FPSO in December 2023 for $48.5m, with $7.275m paid on signing while the outstanding balance was...

https://splash247.com/enauta-cancels-deal-to-buy-modecs-fpso-cidade-de-santos/

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