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

Fifth improvement notice served on Triton FPSO since January last year, with fire risks and maintenance backlogs repeatedly ...

Modec on Monday said that it has been awarded the contract for the Hammerhead FPSO on a Limited Notice ... FPSOs under a long-term contractual arrangement”, added Modec. Toyo on Monday also ...

The Alexandre de Gusmão FPSO is expected to raise production capacity at the field by 31%. After the installation of the fifth FPSO, the field’s production is expected to reach 770,000 barrels ...

CIMB Research believes the arrangement gives Bumi Armada confidence in securing an extension for the FPSO TGT charter contract. The research outfit is also keeping its earnings forecasts for Bumi ...