April 22, 2025
Japanese shipbuilder MODEC has been awarded its second contract for the development of a Floating Production, Storage, and Offloading (FPSO) vessel, this time for the seventh oil project, Hammerhead. MODEC made the announcement in a release on Monday, highlighting that the contract is a Limited Notice To Proceed (LNTP) by ExxonMobil Guyana, pending necessary government […]
