MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. MODEC said in a media release the ...

FPSO (Floating Production, Storage, and Offloading) vessels are floating facilities that receive well fluids, process them to export-spec crude and gas, store stabilized crude, and offload to shuttle ...

ExxonMobil Guyana has confirmed the arrival of the One Guyana Floating Production, Storage and Offloading (FPSO) vessel in Guyanese waters, marking a major milestone for the country’s offshore energy ...

Retrofit specialist GLO Marine has secured hydraulic system upgrade job on Bluewater’s Haewene Brim floating production, storage and offloading (FPSO) unit, following the successful delivery of the ...

ExxonMobil Guyana Ltd. has let a Phase 2 contract to MODEC Inc. for a floating production storage, and offloading (FPSO) vessel for the Hammerhead project. The contract is for a full engineering, ...

Petrobras PBR, Brazil’s state-run integrated oil and gas company, has taken a significant leap toward next-generation offshore energy production through a strategic partnership with ABB and Seatrium.

The Agogo FPSO, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay on May 8, 2025, on its way to Angola. Azule Energy has advanced work to develop two ...

Petrobras PBR, Brazil’s state-controlled integrated oil and gas company, is set to advance its offshore production capabilities with the upcoming deployment of the P-84 and P-85 Floating Production ...

Lim Han Weng and Lim Chern Yuan have turned their Yinson Holdings into a well-oiled machine that helps global oil and gas giants with deep-sea extractions. This story is part of Forbes’ coverage of ...

Agogo FPSO at Walvis Bay, Namibia (Credit: Yinson Production) Agogo FPSO at Walvis Bay, Namibia (Credit: Yinson Production) Agogo FPSO at Walvis Bay, Namibia (Credit: Yinson Production) Top view of ...

Shell plc SHEL has teamed up with Japanese Floating Production Storage and Offloading (“FPSO”) specialist Modec, Brazil’s State University of Campinas (Unicamp) and digital solutions company Shape ...