Brazilian state-controlled oil company Petrobras has welcomed three proposals in a tender issued as part of a drive to ...

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel ...

Abu Dhabi-based operator Mubadala Energy has started the chase for a large floating production, storage and offloading vessel ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...

The inaugural shipment of LNG was transferred to a carrier from the project's FLNG vessel, located 10km offshore.

ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...

THE much-anticipated ONE GUYANA Floating Production, Storage and Offloading (FPSO) vessel arrived in Guyana’s waters last Tuesday. Slated for operations in ...

This forecast places Guyana second only to Libya in economic expansion, according to the IMF’s April World Economic Outlook theme “A Critical Juncture Amid Policy Shifts”. According to the IMF, ...

Initial data indicates that the oil from the Bourdon field has the lowest viscosity among the Dussafu discoveries, averaging ...

“The total value of jobs awarded to Sabahan companies reached RM2 billion last year compared with RM613 million in 2021,” ...

Constructed by SBM Offshore, ONE GUYANA will operate in the Yellowtail development with an initial production capacity of 250,000 b/d and overall storage volume of about 2 ...

As of February 2025, the NGC successfully completed both platforms, and the Quiluma platform has already begun transit to its ...