MODEC, a specialist in floating production systems, has secured a significant contract from ExxonMobil to develop a Floating Production Storage and Offloading (FPSO) vessel for the Hammerhead project in Guyana. This contract, issued by ExxonMobil’s Guyana division, is a limited notice to proceed, contingent upon obtaining necessary government and regulatory approvals. The project aims for … Continue reading Modec secures deal for ExxonMobil FPSO in Guyana