Offshore Frontier Solutions Pte. Ltd. Becomes an Equity-Method Affiliate
First written in FY2023-Q3. 4 of 5 entries say "Advanced", first in FY2024. Latest entry: 2026-06-01.
19 other companies' latest entry also says "Advanced".
- 2026-06-01AdvancedGeneral Meetings of Shareholders
「OFS (Offshore Frontier Solutions Pte. Ltd.), a joint venture with MODEC, received 2 EPCI (engineering, procurement, construction, and installation) projects during the consolidated fiscal year, and further orders are expected over the medium to long term.」
OFS's record of receiving 2 FPSO EPCI projects was confirmed. - FY2026-H1AdvancedAnnual report
「From the interim consolidated fiscal period, Offshore Frontier Solutions Malaysia Sdn. Bhd., whose materiality had increased, has been included within the scope of the equity method.」
The OFS-related Malaysian entity was added to the scope of the equity method as its materiality increased. The equity-method and collaborative framework involving existing OFS-related companies has expanded to Malaysia. - FY2025AdvancedAnnual report
「As a result of acquiring shares in TOYO MODEC OFS India Private Limited, the company has newly included it within the scope of the equity method.」
The company newly included TOYO MODEC OFS India Private Limited, the OFS-related Indian entity, within the scope of the equity method, thereby broadening its collaborative framework for the FPSO business. - FY2024AdvancedAnnual report
「Through OFS (Offshore Frontier Solutions Pte. Ltd.), the company had two EPCI projects, an FPSO project for the Republic of Guyana and an FPSO project for Brazil.」
As an equity-method investee, Offshore Frontier Solutions has demonstrated business activity involving two FPSO EPCI projects, one for Guyana and one for Brazil. - FY2023-Q3First statedAnnual report
「From the third quarter of the current consolidated fiscal period, Offshore Frontier Solutions Pte. Ltd. has been newly included within the scope of the equity method as a result of the acquisition of its shares.」
From the third quarter of the current consolidated fiscal period, Offshore Frontier Solutions Pte. Ltd. became a new equity-method investee through the acquisition of its shares.