Terra Drone and MODEC, Inc. Sign MOU Regarding the Technical Development of Inspection Drones for Offshore Platforms

November 21, 2023

Tokyo, November 21, 2023 – Terra Drone Corporation, a drone and Urban Air Mobility (UAM) technology company headquartered in Japan (“Terra Drone”), and MODEC, Inc. (“MODEC”) signed a Memorandum of Understanding (“MOU”) on November 7, 2023, for the technical development of inspection drones for FPSO (Floating Production, Storage and Offloading system), a typical offshore platform.

MODEC’s FPSOs ensure their integrity through regular maintenance and inspections in order to continue stable oil and gas production for extended periods exceeding 20 years. However, manual inspections at heights and in confined spaces on structures pose significant occupational safety and health concerns. Additionally, prolonged inspections in large-scale offshore platforms have become common challenges within the industry.

To address these issues, MODEC combines the expertise in FPSO design and operation with Terra Drone’s patented Terra UT Drone, which has garnered acclaim for its precision and effectiveness in inspections with ultrasonic testing capabilities for non-destructive testing.

This partnership aims to tackle common problems across the offshore oil and gas industry. By developing drone technology that enhances safety, labor-saving, and efficiency in inspection operations, MODEC and Terra Drone will contribute to the sustainable operation of offshore structures from environmental, economic, and social perspectives.

About Terra Drone

Terra Drone is a pioneering drone and Urban Air Mobility (UAM) technology company headquartered in Japan, with the mission to [ Unlock “X” Dimensions ], creating a prosperous future by “crossing” bridges by integrating diverse fields to foster innovation and find solutions. Its proprietary, patented technologies in drones, sensors, software are the foundation of the specialized solutions—ranging from surveying and inspections to pesticide spraying—which are revolutionizing key industries including oil and gas, construction and engineering, chemicals, electricity, and agriculture on a global scale.

In July 2023, Terra Drone acquired a majority stake in Unifly, a world leading provider of Unmanned Aircraft Systems Traffic Management (UTM) systems, having a proven track record of implementing its system on a national level in over eight countries. Terra Drone’s ambition is to develop comprehensive solutions for drones and UAM, with the overarching aim of establishing a digital infrastructure in the skies to maximize the potential of air mobility.

For more information, please visit our website: https://terra-drone.net/global/

About MODEC

MODEC is a leading contractor in Japan specializing in Engineering, Procurement, Construction and Installation (EPCI), leasing and operation and maintenance (O&M) services of floating offshore oil and gas and production facilities used in offshore oil and gas development projects, including FPSOs. As a leading company, we are exploring the next generation of inspection technology to address the challenges facing the industry as a whole.
For more information, please visit https://www.modec.com/